Leafy Luxury: Mansions With a Tree Premium – WSJ
Leafy Luxury: Mansions with a Tree Premium http://online.wsj.com/articles/leafy-luxury-mansions-with-a-tree-premium-1417015300 “Street #tree” in frontyard adds >$7K to home price, helps neighbors too
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A 2010 study by the U.S. Forest Service conducted in Portland, Ore., found that the presence of a single “street tree” in front of the home added over $7,000 to its sale price. The street-tree effect spilled over to neighboring houses, increasing property values as well as helping the homes sell faster.
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