Organization: The Center for Neighborhood Technology (CNT)

Year of publication: 2020

Type of green infrastructure: Green Infrastructure, Stormwater Management

Type of benefit(s): Economic

Summary: Green stormwater infrastructure (GSI), such as rain gardens, swales and porous pavement allows us to use natural systems to control stormwater and urban flooding. GSI brings dozens of benefits to neighborhoods that traditional "gray" stormwater infrastructure does not, including places to play, habitats for other species, and cooling on hot days. This report shows that GSI also adds value to homes.

The Center for Neighborhood Technology (CNT) worked with SB Friedman Development Advisors to model the impact of GSI installations, such as rain gardens and swales, on property sales data in two cities and found statistically significant higher sales prices of homes near GSI. These findings add to a growing body of research that shows that nature-based solutions to stormwater management provide many benefits in addition to flood control.

Link: Green Stormwater Infrastructure Impact on Property Values.pdf 6 MB