Measuring Transit's Impact On Housing Prices
Several papers that seek to measure the impact of transit on home values have been added to the best practices Research Aricles.
- Public Transit’s Impact on Housing Costs: A Review of the Literature (2011)
This brief summarizes research exploring the ways in which public transit has been shown to influence housing costs for owners and renters in the United States
- Land Use Impacts of Bus Rapid Transit (2009)
This report documents an effort to quantify the impacts of BRT stations on the values of surrounding single-family homes.
- The Impact of Railway Stations on Residential and Commercial Property Value: A Meta-analysis (2007)
This paper attempts to explain the variation in the findings by meta-analytical procedures. Generally the variations are attributed to the nature of data, particular spatial characteristics, temporal effects and methodology.
- The Impact of Transit Corridors on Residential Property Values (2007)
The findings reveal that proximity to the transit corridor alone without direct access conveys a negative impact on nearby housing values.
- Gentrification Trends in New Transit-Oriented Communities (2007)
Communities receiving increased access to new “Walk and Ride” stations experience greater gentrification than communities that are now close to new “Park and Ride” stations.