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Who knew. It takes a tree

Started by Riversider
over 12 years ago
Posts: 13572
Member since: Apr 2009
Discussion about
http://online.wsj.com/article/SB10001424052702303722604579113230353966564.html?mod=e2tw In an analysis of 2,608 real-estate transactions over 10 months, researchers found that homes with "street trees," those planted between the sidewalk and street, sold for $7,130 more, on average, than homes without street trees. What's more, homes with street trees sold 1.7 days more quickly than homes without... [more]
Response by rb345
over 12 years ago
Posts: 1273
Member since: Jun 2009

They also make good firewood between contract and closing

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Response by Sunday
over 12 years ago
Posts: 1607
Member since: Sep 2009

You'll need the extra $7,130 to pay for damages the tree might cause to the roof, gutter, windows, walls, sidewalk, sewage, water main, etc...

Another way to look at it is, perhaps these homes are getting the extra $7,130 because they advertised to have new roof, new windows, new sidewalk, new sewage, new water main, new renovations (required due to water damage), etc...

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Response by fieldschester
over 12 years ago
Posts: 3525
Member since: Jul 2013

This is not NYC, this is a national study.

Houses in developments or areas with Belgian block curbs also have higher value than those made of asphalt.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013
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Response by Riversider
about 12 years ago
Posts: 13572
Member since: Apr 2009

one good thing about new construction...

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