Before-and-after analysis of property value around SunRail stations in Orlando, FL

• Chia-Yuan Yu ^[1] ; Xi Huang ^[1]
  1. [1] University of Central Florida

     University of Central Florida

     Estados Unidos

     
• Localización: Journal of urban design, ISSN 1357-4809, ISSN-e 1469-9664, Nº. 26, 3, 2021, págs. 341-353
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • This study explored the changes in housing values before-and-after the several stages of transit investments of SunRail stations in Orlando, FL by using a pre-post and intervention-control design.

    During the construction period, most of the stations showed no statistically significant differences in housing value changes. For the operation period, houses in the 1-mile buffers around stations displayed lower value increases than those in the adjacent 1-2-mile areas by $9,254, $4,034, and $9,009, respectively. These economic effects have informed urban and transportation planners to consider the locational contexts of transit stations and formulate relevant policies to stabilize the real estate market