January 23, 2016

Real Estate


Urban forests provide subtle but real economic benefits to individuals via real estate values.

  • The value of houses on lots with trees is usually higher than those of comparable houses on lots without trees.
  • Each large front yard tree adds 1% to sales price. Large specimen trees can add 10%, or more, to property values(Greg McPherson, 2008).
  • Property values increase 5-15% when compared to properties without trees (depends on species, maturity, quantity and location).
  • A 1976 study that evaluated the effects of several different variables on homes in Manchester, Connecticut, found that street trees added about $2686 or 6% to the sale price of a home.
  • A more recent study indicated that trees added $9,500, or more than 18 percent, to the average sale price of a residence in a suburb of Rochester, New York (Colorado Tree Coalition).
  • Apartments and offices in wooded areas rent more quickly, have higher occupancy rates and tenants stay longer (The Morton Arboretum Press Releases Aug 12,2009).
  • Well placed trees substitute for fences and provide privacy. In some areas zoning ordinances restrict fences on property lines. Suitable trees may do the task.
Back To Benefits of Trees

“Creating a Better San Diego Now, For the Future of San Diego”