In a study published in the Journal of Urban Landscape and Planning, Australian researchers found that having a playground nearby can add value to property. The presence of a playground added about 4.6 percent to the average property price. Researchers used ten years of property price history in a specific region of Australia to try to measure the value people place on playgrounds.That Public Playground Is Good for Your Kids and Your Wallet
In a study published in the Journal of Urban Landscape and Planning, Australian researchers found that having a playground nearby can add value to property. The presence of a playground added about 4.6 percent to the average property price. Researchers used ten years of property price history in a specific region of Australia to try to measure the value people place on playgrounds.