Green space can be defined as any outdoor area that is not paved over. Parks are a type of green space that often comes to mind as a prime example. However, they aren’t the only type; trees in parking lots, city squares, and sidewalks can all be considered green spaces.
Green spaces are an essential element in modern real estate development. During the pandemic, when people couldn’t move up and about, the critical importance of quality green spaces within housing developments was noted, leading to the need for green infrastructure in the future. These green spaces offer numerous benefits for homeowners, businesses and the environment making them a valuable asset.
Some of these benefits include:
- Increase in property value
Humans are naturally attracted to aesthetically pleasing places, and the inclusion of green spaces in a property increases its value. Research shows that property with access to green spaces fetches up to 20% of its original value making this a lucrative asset due to its numerous benefits. - Improved air quality
When travelling to the countryside, you easily notice the difference in the air you breathe. This is due to the reduction of pollutants and the many trees that cover the area. Green spaces provide air quality that is hard to find in cities. Trees remove lots of carbon dioxide and pollutants and release oxygen that assists in purifying the air. - Reduction in Noise Pollution
Green spaces provide a natural barrier between residential and commercial properties. It also absorbs noises from traffic and construction to provide a peaceful environment. - Community Engagement
Green spaces serve as communal areas for residents to gather and have social interactions. They help foster a sense of belonging and togetherness which is key to community creation. One way that exemplifies this is the collective management of communal gardens. An example of this is a shared garden whereby all residents work together to produce and harvest fruits and vegetables which helps reduce the necessity of purchasing some products. - Improve mental health
Some people take a walk when things get too hectic or when their emotions are high. Green spaces provide a similar environment by providing a peaceful and serene area that helps reduce stress, anxiety and depression, ultimately positively affecting your mental health. - Improve physical health
People who love morning or evening jogs or outdoor activities will love green spaces since it encourages such actions. It promotes one to stay fit and be in good physical health. For the elderly, this aids them in better cardiovascular health and a lowers risk of heat-related mortality. - Cooler buildings
Air conditioning is not necessary when you surround your home with trees and plants to create a cool atmosphere. Trees provide shade whilst walking in the area, and one may opt to relax under the tree to cool off or read a book.
Green spaces provide numerous benefits to homeowners and investors. We have also considered green spaces in our properties, and Daykio Bustani property is a fine example. Green spaces come in various forms whether it is planting trees, a small garden, plants in your living space or a community park, they prove to be a valuable asset. You can view our green space in Daykio Bustani: https://youtu.be/i7uly-u1Vxc
Feel free to contact us with your queries via sales@daykio.com or 0791800851/ 0732686943.
