Theses and Dissertations from UMD

Permanent URI for this communityhttp://hdl.handle.net/1903/2

New submissions to the thesis/dissertation collections are added automatically as they are received from the Graduate School. Currently, the Graduate School deposits all theses and dissertations from a given semester after the official graduation date. This means that there may be up to a 4 month delay in the appearance of a give thesis/dissertation in DRUM

More information is available at Theses and Dissertations at University of Maryland Libraries.

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Author: search.filters.author.Russell, Sherry Lynn

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    THE ECONOMIC EFFECT OF COMMUNITY MANAGED OPEN SPACES ON RESIDENTIAL HOUSE SALE PRICES IN THE CITY OF BALTIMORE, MD
    (2020) Russell, Sherry Lynn; Kweon, Byoung-Suk; Plant Science and Landscape Architecture (PSLA); Digital Repository at the University of Maryland; University of Maryland (College Park, Md.)
    The value of open space is a fundamental issue in landscape architecture. In post-industrial cities, population decline and low land demand have led to a large amount of vacant land. A small percentage of this land is being transformed by community groups into Community Managed Open Spaces (CMOSs). This research paper investigated the effect of parks and CMOSs on residential house sale prices in Baltimore, MD using a hierarchical regression analysis after controlling for property features and neighborhood social, economic and crime information. This study found CMOSs had a positive economic effect on house sale prices, adding 2.7% to properties sold within a quarter mile. These results provide evidence to support CMOSs as an alternative path for communities and planners to manage vacant urban land and the importance of public investment in these types of spaces.