Homes near open space bring higher prices

Reposted from Northern Colorado Business Report
FORT COLLINS — Homes in neighborhoods that incorporate protected open space bring in prices 20 to 29 percent higher than those without open space, according to a CSU study.

The study found that the higher prices were paid for such homes when compared to conventional rural residential projects across five counties.

The counties surveyed were Larimer, Chaffee, Douglas, Mesa and Routt. They were chosen because they have large numbers of conservation developments, according to a news release from CSU.

The study was funded by the National Association of Realtors and CSU’s School of Global Environmental Sustainability. More than 200 developments were evaluated.

A multidisciplinary research team from CSU completed the research.