From: stephen@sprunk.org   
      
   On 07-Apr-14 15:03, hancock4@bbs.cpcn.com wrote:   
   > A recent study by Econsult Solutions found that property values are   
   > higher for suburban homes with better SEPTA commuter rail access.[1]   
   > Station proximity, service frequency, and the presence of commuter   
   > parking all support higher home values. Premiums are as high as 10   
   > percent for homes within one half-mile of a station that provides   
   > sufficient parking and frequent service. The study estimated SEPTA   
   > generates approximately $6 billion in aggregate property value   
   > impacts across Bucks, Chester, Delaware, and Montgomery counties.   
      
   A similar study found that, within five years of DART's LRT "starter   
   system" opening, properties near a station had increased in value by   
   $800M _more_ than similar properties not near a station; the capital   
   cost was $850M, so it roughly broke even.  And that was over a decade   
   ago; the increase is probably far larger today than it was then, but   
   AFAIK they haven't redone the study.   
      
   S   
      
   --   
   Stephen Sprunk         "God does not play dice."  --Albert Einstein   
   CCIE #3723         "God is an inveterate gambler, and He throws the   
   K5SSS        dice at every possible opportunity." --Stephen Hawking   
      
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