Research, Evaluation, and Best Practices

Vacant Properties: The True Costs to Communities

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Date Published: August 2005

Description

This report provides information on the varied costs that vacant and abandoned properties impose upon communities. It compiles research from across the country quantifying a wide variety of costs, including city services (nuisance abatement, crime and fire prevention), decreased property values and tax revenues, as well as the costs borne by homeowners and the issue of the spiral of blight. But it also includes some good news: communities are finding ways to recapture the value in vacant properties, bringing vitality back to once blighted neighborhoods.

Resource Links

Vacant Properties: The True Costs to Communities (PDF)

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Author Organization

National Vacant Property Campaign

Resource Approver

Peer Approved