Green Stormwater Infrastructure: Impact on Property Values
This Center for Neighborhood Technology and SB Friedman Development Advisors report shows that GSI also adds value to homes based on modeling of the impact of GSI installations, such as rain gardens and swales, on property sales data in two cities that showed statistically significant higher sales prices of homes near GSI. These findings add to a growing body of research that shows that nature-based solutions to stormwater management provide many benefits in addition to flood control. In particular, the study found that doubling the square footage of rain gardens, swales, planters, or pervious pavement near a home is associated with a 0.28% to 0.78% higher home sale value, on average.
Click the link below to read the full report and learn about the implications of these increased property values.
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