Abstract
The purpose of this study is to analyze environmental valuation of forest for landscape and urban planning. For this purpose, we use hedonic approach and potential of forest, which is based on potential model. We analyzed land prices in the south western area of Tokyo using forest configuration classified by ASTER image. The results revealed that 1) the externalities of forest were the most fit to land price when potential of forest was within 100m and forest from land price point was within 250m, 2) the externalities of forest were up to 314,130 yen per one square meter and 68,650 yen per one square meter on average, and 3) the forest from 1 to 5 hectares was the most effective.
