May 2020 - Parks & Recreation - 23

ed a decrease, but the proportion
perceiving an increase was much
lower than along the urban trails (16
percent compared to 47 percent).
These findings were important
because they strongly suggested that
exposure to a trail after it has been
open for a number of years led those
most impacted to conclude that fears
of negative financial repercussions
associated with a trail are generally
without merit.
Second, was the property likely
to sell more quickly or more slowly because of its proximity to the
trail? Responses were reflective of
those to the first question. Among
those residing proximate to urban trails, 62 percent perceived a
sale would be faster and 8 percent
slower, while the rural residents' re-

sponses were 29 percent faster and
9 percent slower.

Analyzing the Data
This approach had three obvious limitations. First, responses were subjective best guesses given by homeowners who, in many cases, had given little
or no thought to the issue, and whose
answers were not informed either by
personal experience with recent market transactions or by knowledge of
comparable sales transactions. Second, the sample sizes of these studies
were small. Third, only one of the 18
studies appeared in a refereed journal,
which means they may not possess
the rigor that is expected in peerreviewed social science research.
The emergence of much more advanced electronic technology in the

late 1990s enabled these issues to be
addressed by using more sophisticated research and statistical processes,
and databases comprised of sales
transactions. We identified 20 studies
that investigated the impact of trails
on residential property values. The
results indicated that a small positive
premium of between 3 percent and 5
percent was the most widespread outcome for a single-family home located
next to a trail. However, there were
outliers that suggested the premium
might be as high as 15 percent in some
cases, while in other contexts there
may be a small negative impact.
John L. Crompton, Ph.D., is a University Distinguished Professor,
Regents Professor and Presidential Professor for Teaching
Excellence in the Department of Recreation, Park and Tourism
Sciences at Texas A&M University and an elected Councilmember
for the City of College Station (jcrompton@tamu.edu).

Oh, the endless days!
Gathered together
Reveling in the joy of play.
Where watery wonders excite us
Unite us
And invite us to set our imaginations free.
To learn more and inspire your outdoors, visit aquatix.playlsi.com.

©2020 Landscape Structures Inc. All rights reserved.

PA R K S A N D R E C R E AT I O N .O R G | M AY 2 02 0 |

Parks & Recreation

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May 2020 - Parks & Recreation

Table of Contents for the Digital Edition of May 2020 - Parks & Recreation

May 2020 - Parks & Recreation - 1
May 2020 - Parks & Recreation - 2
May 2020 - Parks & Recreation - 3
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