4.11 Greenways & Property Values

Image

Greenways can increase property values of nearby parcels by 5 to 32 percent. Greenways with desirable visual characteristics and recreational opportunities correspond to higher property values (see 6.0 and 7.0). Public greenway acquisition and development may be self-financing through the increase in property values and subsequent increase in property taxes.

DOWNLOAD: 4.11 Guidelines and References (PDF)