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Urban Studies and Planning Commons

Open Access. Powered by Scholars. Published by Universities.®

2016

Public Affairs, Public Policy and Public Administration

Jacksonville State University

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Full-Text Articles in Urban Studies and Planning

A Statistical Meta-Analysis Of The Design Components Of New Urbanism On Housing Prices, Park Yun-Mi, Shih-Kai Huang, Galen D. Newman Jan 2016

A Statistical Meta-Analysis Of The Design Components Of New Urbanism On Housing Prices, Park Yun-Mi, Shih-Kai Huang, Galen D. Newman

Research, Publications & Creative Work

The principles of New Urbanism such as increased density, mixed land uses and street connectivity are often recommended in response to the typical conditions of suburban developments. Much current empirical research has begun to test whether these principles can increase property values. The findings of these empirical studies have, however, been quite inconsistent. This research attempts to quantitatively synthesize these conflicting findings through a statistical meta-analysis. This study found that a lower density, decreased street connectivity and a closer proximity to a transit stop contributed to increased housing premiums, while mixed land uses were not shown to always do so.