As the real estate agent toured me through what seemed a maze of rooms, I was looking through every window for that Central Park view. That value is quantifiable in the pricing of urban real estate, notes Tom Monti, a Corcoran Group Member and real estate professional in Manhattan. In bucolic Chester County, Pennsylvania (Moody’s: Aaa; Standard & Poor’s: AAA)—known as the mushroom capital of the nation—the county maintains an Open Space Preservation program. Cities, towns and counties alike are aware of the value of open space and fund the purchase, improvement and care with municipal bonds. Open Space to Basis PointsIt’s well-established that open space adds value to homes.

Source: Forbes June 03, 2019 13:30 UTC