Agenda - Council - 04/25/2023 - Laserfiche WebLink

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Money Does Grow on Trees! 9 Energy Property Investing in Ramsey's Streetside Urban Forest Reducing 1-ci- Energy Expenses Less Desirable Tree Planting More Desirable Tree Planting rvl Adding to Property Values + sae Homes that are within 100 ft of a street tree have an average reduction of 1.7 days on the market which adds on average to the selling price. From f 7 • Trees planted in a strategic manner are able to conserve energy for homes and reduce energy bills. In the summer, the leaves of trees provide shade that will reduce the amount of air conditioning a house will use. In the winter, deciduous trees allow more sunlight into homes, which can reduce the amount of heating that is needed. Trees that are planted to the south are the least prioritized. Trees that give shade to an air conditioner can increase the efficiency by 10%. This type of strategic planning is called smart landscaping. Digital Resource: i-Tree i-Tree is an easy to use online application that can provide essential information to Ramsey officials and residents. The picture to the left depicts a function of i-Tree; it shows where it is most beneficial to plant a tree on a specific property. i-Tree can also determine the money saved from the existing trees. The U.S. Department of Energy predicts that the proper placement of only 3 trees can save an average household between and S25( in energy costs annually. Evergreen trees are beneficial to plant in areas that will not shade the home in the winter, but will serve as a windbreak. On average, evergreen trees that are placed properly as a windbreak will decrease a home's fuel consumption by The energy savings from the street trees in the above photo total in 2017. As these trees mature, their canopy will increase which will result in higher savings. Street trees increase the property values of every property. The trees bring an aesthetic appeal along with their other benefits, which can increase the value of the property. The U.S. Forest Service estimates that mature street trees can increase a property's value by on average. As property values increase then the revenue that is acquired from taxes will increase as well bringing more money into the local municipality. To 10% tree canopy cover increase — $7000 A mature street tree that has a 300 square foot canopy cover can add approximately $7,000 to the property value. • • A study done in Ramsey and • • • • t Dakota Counties concluded that a 10% increase in tree cover that $1,371 is within 100 meters of a house will add approximately $1,37 to the market value. Trees Save Energy and Add Property Value Street trees provide energy savings and increase property value, most notably in the residential areas. i-Tree is an easy and informative tool that residents in Ramsey can use to maximize the benefits of planting trees on their property. The benefit of street trees that is most evident is the added vibrancy and health to the community. Community j PA 5211 Land Use Planning • TEAM: Ada Moreno Gomez, Nick Kieser, Victoria Dan • INSTRUCTOR: Fernando Burga, Ph.D. �N,.ERSTYaFN�rN�EsoT� Driven ko Discover• cava�aca�m,�i,an Fon<<o iw�at:a�Far=�xo uroa, ro�i Pia, iR9co�i Ra n�ro iima�9,P,�n or��Hlie�ren��arµ :o°ev a�voro%°,,T, 7"iiae0 inl�c�o�fzsa]a.wve leo�r�ei,i-onaiwno��w P rore.o a" Paezz=ryiiiooP��ynFnr.vearoT/cP",'�aPecnaoi zimorwoa»vd2''i x2 niaam6am�na��2 pir l2:1\Itil 1