Abstract
A Comparison of Park Valuation Methods uses modified methods of deriving economic value from the Trust for Public Land and National Recreation and Parks Association parkland economic valuation methods. The methods used are determined to be conservative and more realistic then the aforementioned. The City of Coeur d'Alene, Idaho is the test city to weigh the validity of cities with less supporting data. The Modified Economic Valuation method values are: property values, tourism values, heath benefit values, stormwater quantity and quality values, air benefit values, and real revenue and expenditure values. With all values added, the city of Coeur d'Alene had nearly no real change in revenue, residents save a couple hundred dollars, businesses showed to benefit the most, and developers were identified with the most potential for a return from parks. Additionally, a meta-analysis was ran to determine the property value.