Real estate located near or within a park often commands higher market values and offers residents access to recreational green spaces, contributing to enhanced quality of life and community appeal. For example, a condominium overlooking a city park or a house bordering a national forest enjoys such advantages.
Proximity to green areas provides numerous advantages, including increased property values, improved physical and mental well-being for residents, and a greater sense of community. Historically, access to parks and open spaces has been a highly sought-after feature, influencing urban planning and residential development patterns. This desirability has historically led to the creation of exclusive residential enclaves adjacent to such amenities.