Revealing preferences of Prague's homebuyers toward greenery amenities: The empirical evidence of distance-size effect

► Large urban vegetation has a clear effect on property prices up to 2 km. ► Agricultural land of low ecological value is not reflected in the property prices. ► The proximity principle proved for urban forests and protected areas. ► Smaller greenery plots are sufficient for residents as proved by distance-size effect. ► 1% rise in greenery coverage increases aggregate housing prices by 261-1221 million CZK.