Sarah Abel
Increased Property Values
Trees increase residential property values by 5% (Dwyer, McPherson, Herbert, and Rowntree. 1992). With approximately 62 million single family detached houses in the US, this equates to a $1.5 billion increase per year in property values. That's money in your pocket in the way of property taxes!
Photo Source: home.earthlink.net/~forgetmenot/images/bnb_home.jpg (accessed November 3, 2009)
Reference List:
Dwyer, J.F., E. G. McPherson, W.S. Herbert, and Rowan A. Rowntree. 1992. Assessing the benefits and costs of the urban forest. Journal of Arboriculture 18, no. 5: 227-234.
Increased Property Values
Trees increase residential property values by 5% (Dwyer, McPherson, Herbert, and Rowntree. 1992). With approximately 62 million single family detached houses in the US, this equates to a $1.5 billion increase per year in property values. That's money in your pocket in the way of property taxes!
Photo Source: home.earthlink.net/~forgetmenot/images/bnb_home.jpg (accessed November 3, 2009)
Reference List:
Dwyer, J.F., E. G. McPherson, W.S. Herbert, and Rowan A. Rowntree. 1992. Assessing the benefits and costs of the urban forest. Journal of Arboriculture 18, no. 5: 227-234.