Open AccessValuation of Tree Aesthetics on Small Urban-Interface Properties
Author(s) -
R. P. H. Thompson,
R. Joss Hanna,
Jay E. Noel,
Douglas D. Piirto
Publication year - 1999
Publication title -
arboriculture and urban forestry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.222
H-Index - 47
eISSN - 2155-0778
pISSN - 1935-5297
DOI - 10.48044/jauf.1999.032
Subject(s) - valuation (finance) , property value , property (philosophy) , tree (set theory) , measure (data warehouse) , sample (material) , value (mathematics) , econometrics , statistics , geography , environmental science , physical geography , business , mathematics , computer science , data mining , real estate , mathematical analysis , philosophy , chemistry , finance , epistemology , chromatography
A model was developed to predict the value contribution of forest condition on small urban-wildland interface properties. Sample data were collected on property transactions in the Lake Tahoe Basin of California between 1990 and 1994. A variant of the stand density index (SDI) and a tree health measure were added to a list of traditional property characteristics (i.e., location, house size, lot size) to express the influence of tree care on property value. These aesthetic characteristics were statistically significant despite the expected dominant influence of the traditional characteristics. Values for the forest density and health characteristics were estimated and reveal a contribution to property value between 5% and 20%.