ECONOMIC BENEFITS OF URBAN TREES
The following are some of the most direct economic benefits of urban trees.
1. Increased Property Values
2. Community Economics
3. Energy Savings
5 .Infrastructure Savings
1. Increased Property Values
- Trees can add up to 15 percent to the value of residential properties.
- Office and industrial space in can rent or sell at a premium over similar non-treed lots.
2. Community Economics
- Trees enhance community economic stability by attracting businesses and tourists.
- People linger and shop longer along tree-lined streets.
3. Energy Savings
- Strategically placed shade trees can reduce air conditioning costs up to 30 percent.
- Evergreen designed to serve as windbreaks can save from 10 to 50 percent in heat-reated energy costs.
5 .Infrastructure Savings