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A study in Berlin in 2000 found that proximity to playgrounds in residential areas raised land values by up to 16%. The same study found a high number of street trees to raise values by 17%.

Luther, Mike, and Dietwald Gruehn. (2001). Putting a price on urban green spaces. Landscape Design: Journal of the Landscape Institute, 303, 23-26.

Topics

Property values, Play equipment, Trees, Green communities, Play

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