What effect does the presence of an endangered species have on a site?

The presence of an endangered species on a site typically decreases the economic value of that property. This occurs because the endangered species designation often leads to restrictions on land use and development. Property owners may face legal limitations that prevent them from developing their land in ways that they might otherwise choose, which can reduce the potential uses and revenue generation associated with that property. Additionally, there may be heightened costs associated with environmental assessments and compliance with conservation regulations. Therefore, from an economic standpoint, the presence of an endangered species generally signifies a decrease in value due to the added restrictions and potential liabilities involved in preserving these species and their habitats.