126689 Direct
: Acting as a hub for community engagement and social ties.
associated with different types of park features 126689
: Offering a "stress-free" zone to improve mental focus. : Acting as a hub for community engagement and social ties
: If a resident has multiple types of "green or blue spaces" (like rivers or smaller gardens) nearby, the specific value they place on a distant large park decreases, as these spaces act as functional substitutes. 3. Social and Environmental Value of park proximity on local real estate markets
: Parks larger than 20 hectares (roughly 50 acres) can increase nearby house prices by up to 6–7% , compared to less than 1% for smaller neighborhood parks.
Larger parks act as stronger magnets for community activity.
of park proximity on local real estate markets The increasing value of urban parks in a growing metropole