Analysis of the Influence of Open Space on Residential Values

Mukherjee, Monobina and Linda Fernandez

from ARE Update Vol. 15, No. 1, Sep/Oct, 2011

View Full Article PDF: Analysis of the Influence of Open Space on Residential Values

Abstract

Residential property values decrease with increasing distance from open space in two Southern California counties, regardless of open space preservation policy. Homeowners residing in zones of these counties, with big cities and scarce open space, have a high value for proximity to open space.

Keywords

Property values, lot size, open space policy

Citation

Mukherjee, Monobina and Linda Fernandez. "Analysis of the Influence of Open Space on Residential Values." ARE Update 15(1)(2011):5-8. University of California Giannini Foundation of Agricultural Economics.
http://giannini.ucop.edu/publications/are-update/issues/2011/15/1/analysis-influence-open-s/