Economic Benefits Studies across the country have shown that many people are willing to pay higher prices for residential property located near green space. Studies have shown it is less expensive maintaining green space than it is for developed space. Open space paid an average of 3.5 times as much as it cost local government. Green space may expand the local economy. For certain types of green space, the recreational experience enjoyed on a daily basis by the local residents may draw visitors who also wish to use the facilities.
Green space provides critical human maintenance services.
Many of these services can be replaced by human engineered technology, but only at great financial cost. Green space provides these functions virtually for free, except for the cost of the land.