THE ECONOMIC EFFECT OF COMMUNITY MANAGED OPEN SPACES ON RESIDENTIAL HOUSE SALE PRICES IN THE CITY OF BALTIMORE, MD

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dc.contributor.advisorKweon, Byoung-Suken_US
dc.contributor.authorRussell, Sherry Lynnen_US
dc.contributor.departmentPlant Science and Landscape Architecture (PSLA)en_US
dc.contributor.publisherDigital Repository at the University of Marylanden_US
dc.contributor.publisherUniversity of Maryland (College Park, Md.)en_US
dc.date.accessioned2020-07-14T05:36:05Z
dc.date.available2020-07-14T05:36:05Z
dc.date.issued2020en_US
dc.description.abstractThe 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.en_US
dc.identifierhttps://doi.org/10.13016/91hn-qzti
dc.identifier.urihttp://hdl.handle.net/1903/26322
dc.language.isoenen_US
dc.subject.pqcontrolledLandscape architectureen_US
dc.subject.pqcontrolledUrban planningen_US
dc.subject.pqcontrolledEnvironmental justiceen_US
dc.subject.pquncontrolledCMOSen_US
dc.subject.pquncontrolledCommunity Managed Open Spacesen_US
dc.subject.pquncontrolledEconomic impacten_US
dc.subject.pquncontrolledParksen_US
dc.subject.pquncontrolledProximityen_US
dc.subject.pquncontrolledVacant landen_US
dc.titleTHE ECONOMIC EFFECT OF COMMUNITY MANAGED OPEN SPACES ON RESIDENTIAL HOUSE SALE PRICES IN THE CITY OF BALTIMORE, MDen_US
dc.typeThesisen_US

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