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Benefits To: Landowners, Planners, Developers, Neighbors, Realtors, Residents Advantages of Conservation Subdivisions (conservation development) for Developers Video Randall Arendt discusses the financial benefits of conservation development Make more money One study on appreciation rates compared two subdivisions in Amherst, Massachusetts: Homes in the conservation subdivision, also called a "conservation development", sold on average for $17,000 (13%) more than homes in the conventional subdivision where lots were twice as large. From "Growing Greener", by Randall Arendt Photo of Ponds At Woodward above courtesy Randall Arendt
Make more money Using conservation subdivision design on an 80-lot development in Texas, noted planner Randall Arendt: Cut conventional site grading costs from $300,000 to $50,000. Retained value by saving 23 of the 24 large oak trees that otherwise would have been destroyed using conventional development. One of Randall. Arendt's conservation subdivision designs is credited by an Indiana developer with: Adding at least $20,000 of value to each lot ($800,000 total) while still providing for full development density. Additional information All about conservation design subdivisions (PDF File) More Advantages Faster Selling Money really does grow on trees Not Clustering Conservation subdivision design vs. "Clustering" More Benefits Learn more by Randall Arendt Conservation Design and New Urbanism Learn more New Booklet, Free Download, A Must Read! Growing Greener, Conservation by Design (PDF) (14 pages) (Courtesy Natural Lands Trust) Note: There is no tax-deduction for a developer when he places a conservation easement on property in a conservation subdivision, also called a conservation development. |
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