Database research record2008·United States (New York City)
The Effect of Community Gardens on Neighboring Property Values
Ioan Voicu, Vicki Been
Real Estate Economics
Urban Farm DB summary
This study estimated the impact of community gardens on neighborhood property values in New York City using a difference-in-difference hedonic regression model. The findings indicate that community gardens have significant positive effects on property values, particularly in the poorest neighborhoods. Higher-quality gardens were observed to have the greatest positive impact.