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Full-Text Articles in Urban Studies and Planning
Case Study Of Property Value Transfer Attributed To Transit: Spatial And Temporal Hedonic Price Impact Of Light Rail In Minnesota’S Twin Cities, Kate Ko
Journal of Public Transportation
Does the proximity of transit increase property values, and can one example apply to another? Using a spatial and temporal hedonic price framework, a study of light rail transit’s impact on residential property values compares the station area property impacts of the Green and Blue lines in Saint Paul and Minneapolis. The study also points to when “value transfer” (used here to describe the comparison and application of property value impacts near transit) is appropriate, and what practitioners should keep in mind to maximize the effectiveness of the exercise. In the case of value transfer for transit, the study finds …
Valuing Public Transport Customer Amenities: International Transit Agency Practice, Chris De Gruyter, Graham Currie
Valuing Public Transport Customer Amenities: International Transit Agency Practice, Chris De Gruyter, Graham Currie
Journal of Public Transportation
Public transport customer amenities cover a range of measures that can enhance the quality of the passenger experience, such as information provision and station quality. While much research has determined the value that users place on amenities, there is little understanding of current practice in the use of customer amenity valuations in project appraisal. A survey of transit agencies in 11 cities (Melbourne, Sydney, Brisbane, Perth, Auckland, London, Paris, Toronto, Vienna, Oslo and Singapore) was undertaken showing that Australasian cities, albeit Melbourne, generally have widespread inclusion of customer amenities as part of advanced appraisals for all relevant types of public …