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indivi�ival sit�in� and h�nc� h3gh�r tc��al �.ck�gc eo�tts �at lot �^�ra� �c�u�e. <br />��i�h+�r th�n �vcr�g� �t��t horne� �r� Ec�und �n �dar��, Ca�l�i�n V,�I�ry�. <br />Minn�:tv-�D�:a , I�{en�a�t� f�i+r�ght� ,� rdc'n H�ll� � Q�nd ch� rc�Il�t�� � rr«�.� af <br />�l�ocarz�in����n and Rt�; �vitl� . <br />qn� ath��'r phyeic�l char��ct.�� i+st�c of a parcr.l of ld�nt� Qh�S m6�y �R°��� � <br />� r��sner `ir�flu�nce on th� ti¢�ning of devcic�g�n�rnt i� th� pr��en�e� ot crr.ca�, <br />It �� �oe� �iblc that th�i r influ��»e r is not c ons t�n� �h rt�a��hcaut th� pr �e r <br />ran,g�° bf home�. Tree� interfer� w�tk� the bui�ding pr���e� ar�c� aft+�n <br />• h.�vc to be rc.�txt�v�cd in g r�at n�rnh� r. I��t�ny c ritic ��rns ri�v� b�cn rn�d� <br />of th� �uilc��ra for their �pp�s��nt w��nton d��truct�on b�xt ctar�rc �a� <br />�vid�nce tha�. �ame af t}�ig �s nrcc's��ry to ��dhc�r� io �}��• ri�ic� lc�t �r��c3is�g <br />r�quirc�men��. C7n �argc�r lote� wytt� �� var�c�ty of hcrrr�e: dt���gn � trc�c�� c�n <br />b�c� �aved in �;reatcr n�mbc•r� mor�� �ae�ly; on �m�llcr lots mur� �k.il1l�u► <br />�ic�si�n ia requir.c�. <br />5i:nce the� rer�r�val of trr�� co�t mon�y, lhera� arc� lowcr dc>v�:loptr��nt <br />ec��ts ii� �r�ae withouc trec�. Alt?iough �hc pr�t�c�nce ai m��turc• tr��e� <br />adris to ttyc� �value of thcy finishc�d ln�s, the �d�iition�l �r�s�t� wo�ld C4.!!"11 ,i <br />few rx��rc� marginal b��yc�r� out of tt1c� m��rket in lawca� co�t tr�ct horn�� <br />T�rees ar� thcrefarc likc� rallin ��crrain in that thr� ,��rc� atssets wh�ch <br />�rovidG morc �itractivc hotrc:sites or hornc�s that �at� a}sc�rb t c� �� cli- <br />tic�na cost� ut cc�me �►a i xti�s ta �� evc� o�c�r aim�ng at t lc o�av���t <br />Pr— ic c n�a r ct. <br />Ctr-sus dafa coll�ct�ed in 1959 and pr4se�ted in Table V shaw€� t��e.• <br />nurr�bcr of hor�ca constructed in vario�as pri�c�� r1n��� in thc fivc caua3ty <br />Standard Metra�olitan �tati�ti�al Arca. �evcr�ty-se�r�n per ccr�t oi ��� <br />n�w tiornes sell less th�n $20, 000. If I5 ��er cent is spent on lot dzvelop- <br />rnec�t, it m�ans a maximum of $3, OOQo ASsurr�in� typical devc�lopnr►�nt <br />cosia for a lot with streets and u�ilitie�s, a lot 83 x 1�5 wo�ald be too <br />costly (sce Table I, Appe�l�ix A). <br />i'he implications of thesc fagures are rnanifo.ld. Sorn�thing has to yield� <br />�f lanc� devc;lu�men.t costs anei thc ratius of lanci a�d developrner�t costs <br />to �otal Price rem�a�in �onstant, eith�r lot siz�s wi�� have to bs; r�duc�d <br />or a loM�ver levrl of utility s�rvices w�il ha��e ts� b� provided (wMich <br />' me�ns not providirig on�). Otherwise the minimum prices �f horrres <br />will rise, forcing adriitional pcople out of the hc�me ownersh�p market. <br />' Not providing public �ewer and waLer has b�en dcemed an undesirable <br />situation in view of �ublic health problems tl�at have xecently dcvelo�ed <br />in this Area. If �.ot sizes are not maintai.ned at a reasonable size, <br />buiidc �-� will xnove evpn f a rihe r out into the c ountr to obtain lov�e r <br />Price an �n in turn creatc even grcater prablems. <br />Since higher value homes are ne�ded to �nable fhe builder to invest m��r� <br />money ir� the relativel� h�dden cAs�.s of land and its development, it can <br />be expeLted that areas of higher dev�lo�mer�t c�sts wzll continue to <br />develop mo re s,lowly. <br />29 <br />