For the particular case of structures, stated preference methods asks how much more is a consumer willing to pay, if the same structure is located in a different area. That willingness to expend more can be identified as the value of esthetic. CABE [14] reported that buildings and houses that have a park nearby increased their price by 6%, while the structures that
have view of the park increased their price by 8%. Furthermore, CABE [15] found that the average premium of properties with direct view or within close proximity to local parks was 11.3% and 7.3% higher than other properties, respectively.