Presentation on theme: "Cost Impact Analysis Proposed College Station Tree Ordinance."— Presentation transcript:
Cost Impact Analysis Proposed College Station Tree Ordinance
Purpose Estimate the cost impact of the currently proposed College Station tree ordinance on a homebuyer
Method Step 1: Evaluate land use for an example development Step 2: Develop tree density benchmark Step 3: Apply tree density to example development Step 4: Calculate cost impact of proposed ordinance
Step 1: Subdivision Land Use Select an example development: Pebble Creek Phase 9-D
Example – Pebble Creek Phase 9-D Area: 22.244 acres Number of lots: 49 Homes Completed: 43 Average Lot Size: 16,183 sf (0.37 acres) Average Home Heated Area: 3,215 sf Average Home Foundation Area: 4,340 sf Average Home Value (BCAD): $418,789 Average Lot Value: $72,000
Areas Cleared for Streets and Utility Easements 7.06 Acres – 32% of total area
Conclusions Too expensive – homebuyers can’t afford it! Counterproductive – Post Oak tree preservation can delay new tree plantings and retard greener neighborhoods. Deed restrictions seem to be working. Landscape Ordinance – why not revise the existing landscape ordinance to include Single Family Residential? Cost Sensitivity and Impact Analysis – city should do more to quantify cost impact.