‘Saving $5,000 per lot’: Why US builders are selling treeless homes to families world News
For decades, the “American Dream” followed a typical blueprint: a two-story house, a basketball hoop in the driveway, and, most importantly, a lush, shady backyard. A drive through an established neighborhood revealed a canopy of green that felt like an instant escape from the heat of the road.Today, that dream is being replaced by so-called aesthetic “marginal space.” Modern subdivisions are often characterized by rows of identical beige-colored houses, sprawling gray asphalt, and a complete lack of greenery. A viral post onAccording to Gupta’s analysis, the reason every new subdivision in the US looks a certain way is because it allows for a massive transfer of wealth from the buyer to the builder. He said a mature tree increases the value of a home by 7-19 percent. “On a $400,000 home, it’s $28,000 to $76,000,” just by preserving what was already there. For a homeowner, one shade tree produces the same amount of cooling energy as ten room-sized air conditioners running about 20 hours a day. Gupta, citing data from the Center for Urban Forest Research, said that a tree on the west side of a home cuts energy bills by 12% within 15 years. According to the research of USDA Forest ServiceA 25-foot tall tree can reduce the annual heating and cooling costs of a typical residence by 8 to 12 percent. Thus, for a family living in a residence surrounded by greenery, the cost of living is lower and resale is much faster and profitable. However, for a builder, cutting down all these trees saves about $5,000 per lot. A bulldozer can level up to 200 lots in a single day, reducing movement problems for large machinery such as concrete trucks and utility trenches, thereby speeding up the construction process. “So the developer spends $5,000 in savings and the buyer eats $50,000 in lost value over the next two decades. The person making the decision and the person paying for it have never been in the same room, Gupta wrote.
The Woodlands vs Katy
Gupta cited the example of The Woodlands neighborhood of Texas where George Mitchell purchased 28,000 acres of Houston timberland in 1974 and preserved 28% as permanent green space. When McDonald’s wanted to build a store, he forced them to do so behind the tree canopy, following a “forest first” philosophy. He claimed that the McDonald’s had become one of the highest volume locations in Texas and that an office building designed to reflect the surrounding forest was also fully leased. The suburb was also named the number one community to live in America for two years in a row. “The Woodlands median home price today: $615,000. Katy, a comparable Houston suburb that’s obvious: $375,000,” he wrote, revealing the huge $240,000 price difference between the two. He concluded, “There is far more value in removing trees. Developers do the cleanup anyway because they sell the house once and move away. You live in it for 30 years.” Unless zoning laws or homeowner awareness forces change, developers will continue to pay $5,000, leaving American homeowners to bear the $50,000 loss in value and bills.
