RT Journal Article
SR Electronic
T1 The Contributory Value of Trees to Residential Property in the Austin, Texas Metropolitan Area
JF Arboriculture & Urban Forestry (AUF)
JO JOA
FD International Society of Arboriculture
SP 72
OP 76
DO 10.48044/jauf.1989.017
VO 15
IS 3
A1 Martin, Clay W.
A1 Maggio, Robert C.
A1 Appel, David N.
YR 1989
UL http://auf.isa-arbor.com/content/15/3/72.abstract
AB Two methods for predicting the value trees contribute to residential property value in the Austin, Texas metropolitan area were tested. The formula method, used by professional plantsmen, and the predictive-modeling method, using regression analysis, were used to predict the value of trees on 120 homesites. The value of the homes ranged from $30,000 to $600,000 and represented homes typical of the Austin, Texas area. Trees on all homesites were evaluated with the ISA formula method and given a dollar value. Independent variables representing the house and lot were used in the predictive modeling method to determine the value that the trees contribute to sales price. The value of the trees derived by the formula method was found to represent 13 percent of the actual sales price of homes while the value of trees derived by the predictive modeling method represented 19 percent.