New research by Florida Realtors, The Impact of Water Quality on Florida’s Home Values, shows that the effect of polluted water on homeowner property values is a potential decrease of nearly $1 billion in Lee and Martin Counties. Click here for a PDF of the study. Click here for the Florida Realtor website and other research studies.
As water degrades, home values decrease nearly $1 billion in Lee and Martin Counties alone.(Lee County $542 million and Martin County $428 million.
- Property values decline when water quality is poor.
- Property values increase when water quality is good.
- When polluted water from Lake Okeechobee is dumped into the Caloosahatchee and St. Lucie Rivers and estuaries, water quality is devastated
This study was supported in part by the Everglades Foundation.