Editorial Type:
Article Category: Research Article
 | 
Online Publication Date: 01 Mar 1999

Landscape Quality and the Price of Single Family Houses: Further Evidence from Home Sales in Greenville, South Carolina

Page Range: 25 – 30
DOI: 10.24266/0738-2898-17.1.25
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Abstract

In this study, the contribution of the quality of landscaping to house prices was estimated for a sample of 218 home sales in Greenville, SC, from 1996 to 1997. The estimates were made using regressions of house price on house characteristics, location and landscape quality. The results obtained in this research were similar to an earlier study of Greenville home sales, from 1991 to 1993. For homes with the same square footage and other house characteristics, selling prices were 6% to 7% higher if landscaping quality was judged excellent rather than good. The price premium obtained by upgrading landscaping from average to good was approximately 4% to 5%.

Copyright: Copyright, All Rights Reserved 1999

Contributor Notes

Partial support provided by The Horticultural Research Institute, Inc., 1250 I Street, N.W. Suite 500 Washington, D.C. 20057.

2Professor.

Received: 31 Aug 1998
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