In the light of global urbanization and biodiversity loss, ecosystem services provided by urban green spaces (UGS) are becoming increasingly important, not least as a recovery and recreation opportunity for citizens. The valuation of UGS is significant for urban planners, who make decisions on the creation or removal of UGS. We analysed the influence of UGS on residential property prices in Leipzig, Germany, by applying a hedonic pricing analysis. This analysis complements the existing literature by considering both sale and rental prices for flats and houses; moreover, the shape of UGS is taken into account explicitly; finally, it is the first study in Germany to analyse UGS in hedonic studies to such an extent. The results demonstrate that the size of the nearest UGS has a stronger impact on prices compared to the distance from it. With respect to shape, we found that the simpler the UGS shape, the higher the prices. Although we find an impact of UGS on prices, the impact is smaller than that of other characteristics. The proposed valuation approach and obtained results inform urban planners regarding the design of new UGS and raise awareness about potential intended and unintended economic and social effects.

Urban green spaces (UGS) are essential components of sustainable cities that provide many benefits to urban residents, such as recreation or aesthetics. Urban residents may be willing to pay for some of these ecosystem services. Indeed, studies investigating the formation of housing prices through hedonic pricing analysis have shown that UGS can influence housing prices. Hedonic pricing analysis puts housing units at the center of analysis. In this study, we investigate whether an alternative perspective provides additional insights into the effects of UGS on pricing. The proposed approach puts UGS into the center of analysis by applying an analysis of buffer zones to housing prices, thus, linking approaches from urban economics and landscape ecology. Such an analysis could deepen our understanding of the effects of UGS on housing prices by analyzing price–distance slopes around UGS-thus supporting more informed decisions on efficient UGS management and urban planning. Our results using a case study on Leipzig, Germany, demonstrate that the size of UGS affects price–distance slopes around them. We conclude that further investigations should be fathomed to unleash the potential of applying the analysis of buffer zones around UGS as a method to inform sustainable UGS design in cities.

It is increasingly recognized in science and policy that landscapes need to be managed for multifunctionality. Multi-objective land-use allocation and agent-based modeling are two potent tools to explore the potential of landscapes to provide multiple ecosystem services. However, in the case of the former, the real-world feasibility of the biophysically optimal land-use configurations remains unclear. Meanwhile, agent-based models are not well-suited to recognize the biophysical potential of landscapes to provide multiple ecosystem services. In this paper, we propose an approach to align multi-objective optimization with agent-based modeling in order to investigate the economic, institutional and social feasibility of biophysically optimal landscapes. It especially allows to contrast biophysically optimized land-use patterns with the option space circumscribed by relevant policy frameworks. We argue that a structured comparison of biophysical optimization with an exploration of the parameter space of an agent-based model can be used to identify the real-world feasibility and the barriers to reaching multifunctional landscapes. We demonstrate the applicability of our approach by using it on a virtual landscape, which allows us to detect the importance of various economic, institutional and behavioral factors that facilitate or hamper moving the social–ecological system toward its biophysical potential. Particularly, we demonstrate the essential role of tailored policy instruments. Our approach can be useful in informing land-use policy with respect to its effectiveness and efficiency in achieving multifunctional landscapes.

The relationship between urban green spaces (UGS) and residential development is complex: UGS have positive and negative immediate impacts on residents’ well-being, residential location choice, housing, and land markets. Property owners and real estate agents might consider how prospective clients perceive UGS and act accordingly, while urban planners influence UGS location and management as well as aim at steering the built environment. Typically, studies focus on one of these perspectives at a time. Here, we provide a synopsis of results from studies, taking different perspectives for a single case study: Leipzig, Germany. We summarise and discuss the findings of eight studies on UGS and residential development. In detail, these studies focus on spatial pattern analysis, hedonic pricing analysis, mixed-methods studies on experts’ perspectives, surveys, and choice experiments exploring residents’ perceptions of UGS. We reflect on the feasibility of deriving a synthesis out of these independent studies and to what extent context matters. We conclude that both triangulating of data and methods, as well as long-term and context-sensitive studies are needed to explain the interlinkages between UGS and residential development and their context dependency.