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My name is Patti Persia, and as a resident of Milford for the past two decades and a licensed real estate appraiser since 2003, I am writing to advocate for the enhancement of our community parks. Having witnessed firsthand the growth and potential of our city, I firmly believe that investing in our green spaces will yield significant and lasting benefits, particularly in bolstering residential property values and overall marketability.
Parks are the vibrant heart of any thriving community, and Milford is no exception. They are more than just patches of green; they are the backdrops for countless memories – children learning to ride bikes, lively mom groups connecting, teenagers honing their skills on the basketball court, pickleball leagues starting, and the joyous traditions of Easter egg hunts and birthday celebrations. Imagine the possibilities: the city could even offer pavilion rentals for these special occasions, further fostering community engagement. Picture walking groups enjoying the fresh air and fitness enthusiasts utilizing cross-fit and the walking paths. These are the tangible benefits, the fabric of community life woven within our parks.
As a real estate appraiser with over two decades of experience analyzing the Milford market, I can attest to the direct correlation between quality parks and property values. Numerous studies consistently demonstrate that properties situated near well-maintained parks and green spaces command a notable premium. While the specific increase can fluctuate based on park size, available amenities, and proximity, my professional experience aligns with research indicating a potential value increase ranging from 5% to 10% for properties adjacent to or in close proximity to these invaluable community assets.
My belief in Milford is clear, I have based my business here for 20 years and I have invested considerable money in my home to add an investment property.
Beyond direct valuation, attractive parks are powerful drivers of marketability. In today’s discerning real estate landscape, buyers actively seek out neighborhoods that offer a high quality of life, and access to outdoor recreational opportunities is a paramount consideration. Milford’s appeal as a desirable place to live is undeniably strengthened by the presence of well-kept parks. These green spaces contribute to a perception of enhanced livability, leading to reduced marketing times for properties and attracting a wider spectrum of prospective buyers. This increased demand fosters a more stable and robust housing market throughout Milford.
Investing in our community parks is not simply an expenditure; it is a strategic and wise investment in the very foundation of Milford’s future. Enhanced parks elevate the quality of life for all residents, attract new families and businesses to our town, and undeniably strengthen Milford’s overall appeal and economic vitality.
Thank you for your time and thoughtful consideration of this crucial matter. I am confident that prioritizing our parks will contribute significantly to the continued prosperity and desirability of our remarkable city.
Sincerely,
Patti Persia
Milford, Delaware
