Cover: The value of urban open space

The value of urban open space

Published 1977

by Roger J. Vaughan

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Develops a method for measuring the value of a site-specific residential amenity--parks. The relationship between distance to a park and residential property values is estimated for 17 communities in Chicago. Differences in the average premium paid for accessibility among communities are used to derive a community demand function for open space. Results are used to determine the cost effectiveness of parkland in Chicago.

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