While trees and urban forestry may play second fiddle to the viability, structure and design of sites, they should still be considered as a necessary component in pre-design. Urban forestry impacts infrastructure and costs, as well as perception and sentiment. All of which affects your performance and bottom line.
They create oxygen.
They improve air quality.
They control temperature.
They regulate natural environment.
In addition to their environmental impact, they also provide a litany of reasons why they’re excellent for urban spaces.
The listed reasons above are just a handful of why trees are beloved and highly valued. Trees are so beloved and well regarded that they impact the price and value of assets.
Per the Greater Sydney Commission, "Recent research shows that urban tree canopy is greatly valued by communities. A 10 per cent increase in street tree canopy can increase the value of properties by an average of $50,000."
The University of Washington cites that, “The presence of larger trees in yards and as street trees can add from 3% to 15% to home values throughout neighborhoods.”
It isn’t just residential developments that are influenced by urban forestry. Commercial developments also see positive impact from the addition of trees and green spaces.
Trees and urban forestry increase site, property and development value and help ensure strong return on investment for investors.
And there's good reason for trees can command this level of consideration. Studies show that trees make us happier, healthier and better off.
Trees are a vital part of creating a beautiful, livable space. Which leads to the question, how much does this add to the bottom line?
While trees can be expensive and require additional infrastructure like deep soil, drainage, irrigation, maintenance. This is likely negated by the increased value they bring to the performance of assets.
Over the long term, they carry little maintenance costs. They grow by themselves and in an inner city, where they have to be kept clean, they cost roughly $80 per year to maintain.
At an urban scale we think of trees as a percentage of canopy cover. This image is a data layer in Giraffe colored by percentage canopy cover. The parks stick out, and the wealthier North Shore is conspicuously green.
It's a great piece of data to start thinking about trees in your scheme.
All of this is why we wrote an app that automatically places trees in areas the user specifies, and then creates a report giving the user the numbers they need to determine feasibility.
Learn more and watch the app in action.