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HOW WILL A GREENWAY AFFECT MY PROPERTY VALUE? Greenways are amenities. Nationwide studies indicate parks, greenways, and trails increase the value of nearby properties by 5 to 20 percent. The Crosland Company in Charlotte surveyed 800 new and existing area homebuyers in 1993 and found they consider walking/biking paths an important amenity.
ARE GREENWAYS SAFE? A study conducted by UNC–Charlotte explored property crime rates on the entire Mecklenburg County greenway system between 2001 and 2003. The study compared crime rates found on properties next to greenways with general crime rates of the surrounding neighborhoods. Researchers found properties adjacent to greenways actually experienced lower crime rate in three of the four years surveyed. The study concluded greenways do not incur a greater risk of crime. Nationwide studies have found similar results.
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