Economic Impact of Open Space on Residential Property Values in Tennessee – Charles Sims
Baker Faculty Fellow, Dr Charles Sims, and fellow researchers, Bongkyun Kim and Dr Matthew Murray, offer a report on the impact of open space on residential property values in Tennessee.
You may be surprised to know that more than 93% of land in Tennessee is classified as open space – no buildings or structures. This report looks only at open space impact on home values and does not capture other impacts such as tourism revenues and employment, recreation opportunities, health benefits, wildlife habitats, parks or scenic views. You can read the report here: Economic Impact of Open Space on Residential Property Values