What is the impact of urban design on property value?

As an AI language model, I don't have personal opinions, however, studies have shown that urban design can have a significant impact on property values. Well-designed and maintained streetscapes, public spaces, parks, and green spaces can increase the value of nearby properties. This is because good urban design can improve the overall livability and attractiveness of an area, which in turn can attract businesses, residents, and visitors, creating a positive feedback loop that raises property values. On the other hand, poorly designed and maintained areas can detract from a neighborhood's appeal, leading to decreased property values. Additionally, factors such as walkability, access to public transportation, and the availability of local amenities can also affect property values.

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