The impact of mixes of transportation options on residential property values: Synergistic effects of walkability

Alonso, 1964 Atkinson-Palombo, 2010, Comparing the capitalisation benefits of light-rail transit and overlay zoning for single-family houses and condos by neighbourhood type in metropolitan phoenix, Arizona, Urban Studies, 47, 2409, 10.1177/0042098009357963 Bartholomew, 2011, Hedonic price effects of pedestrian- and transit-oriented development, Journal of Planning Literature, 26, 18, 10.1177/0885412210386540 Brooks, 2012 Calgary Transit Cervero, 2011, Bus rapid transit impacts on land uses and land values in Seoul, Korea, Transport Policy, 18, 102, 10.1016/j.tranpol.2010.06.005 Chasco, 2013, The impact of objective and subjective measures of air quality and noise on house prices: A multilevel approach for downtown Madrid, Economic Geography, 89, 127, 10.1111/j.1944-8287.2012.01172.x Chi, G., & Voss, P. (2005). Migration decision-making: a hierarchical regression approach. Journal of Regional Analysis & Policy, 35(2), 11–22. doi:10.22004/ag.econ.132306. Connolly, 2019, Capitalization of interconnected active transportation infrastructure, Landscape and Urban Planning, 182, 67, 10.1016/j.landurbplan.2018.09.010 Conrow, 2020, The association between residential housing prices, bicycle infrastructure and ridership volumes, Urban Studies. Cortright, J. (2009). Walking the walk: How walkability raises home values in U.S. cities. Debrezion, 2007, The impact of railway stations on residential and commercial property value: A meta-analysis, The Journal of Real Estate Finance and Economics, 35, 161, 10.1007/s11146-007-9032-z Debrezion, 2011, The impact of rail transport on real estate prices: An empirical analysis of the Dutch housing market, Urban Studies, 48, 997, 10.1177/0042098010371395 Deng, 2010, The impact of bus rapid transit on land development: A case study of Beijing, China, World Academy of Science, Engineering and Technology, 4, 1169 Diao, 2017, Spatial-difference-in-differences models for impact of new mass rapid transit line on private housing values, Regional Science and Urban Economics, 67, 64, 10.1016/j.regsciurbeco.2017.08.006 Dubé, 2011, Economic impact of a supply change in mass transit in urban areas: A Canadian example, Transportation Research Part A: Policy and Practice, 45, 46 Dubé, J., Thériault, M., & Des Rosier, F. (2013). Commuter rail accessibility and house values: The case of the Montreal South Shore, Canada, 1992–2009. Transportation Research Part A: Policy and Practice, 54, 49–66. doi:https://doi.org/10.1016/j.tra.2013.07.015. Duncan, 2011, Validation of Walk Score® for estimating neighborhood walkability: An analysis of four US metropolitan areas, International Journal of Environmental Research and Public Health, 8, 4160, 10.3390/ijerph8114160 Duncan, 2011, The impact of transit-oriented development on housing prices in San Diego, CA, Urban Studies, 48, 101, 10.1177/0042098009359958 Duncan, 2011, The synergistic influence of light rail stations and zoning on home prices, Environment and Planning A, 43, 2125, 10.1068/a43406 Gilderbloom, 2015, Does walkability matter? An examination of walkability’s impact on housing values, foreclosures and crime, Cities, 42, 13, 10.1016/j.cities.2014.08.001 Glaesener, 2015, Neighborhood green and services diversity effects on land prices: Evidence from a multilevel hedonic analysis in Luxembourg, Landscape and Urban Planning, 143, 100, 10.1016/j.landurbplan.2015.06.008 Hess, 2007, Impact of proximity to light rail rapid transit on station-area property values in Buffalo, New York, Urban Studies, 44, 1041, 10.1080/00420980701256005 Higgins, 2016, Forty years of modelling rapid transit’s land value uplift in North America: Moving beyond the tip of the iceberg, Transport Reviews, 36, 610, 10.1080/01441647.2016.1174748 Jones, 1993, A multi-level analysis of the variations in domestic property prices: Southern England, 1980–87, Urban Studies, 30, 1409, 10.1080/00420989320081341 Kashian, R., Winden, M., & Storts, E. (2018). The effects of a recreational bike path on housing values in Muskego, Wisconsin. Journal of Park and Recreation Administration, 36(3), 160–173. doi:10.18666/jpra-2018-v36-i3-8509. Knaap, 2001, Do plans matter? The effects of light rail plans on land values in station areas, Journal of Planning Education and Research, 21, 32, 10.1177/0739456X0102100103 Lancaster, 1966, A new approach to consumer theory, Journal of Political Economy, 74, 132, 10.1086/259131 Law, 2017, Defining street-based local area and measuring its effect on house price using a hedonic price approach: The case study of Metropolitan London, Cities, 60, 166, 10.1016/j.cities.2016.08.008 Li, 2017, Exploring the synergistic economic benefit of enhancing neighbourhood bikeability and public transit accessibility based on real estate sale transactions, Urban Studies, 54, 3480, 10.1177/0042098016680147 Li, 2014, From car-dependent neighborhoods to walkers’ paradise: Estimating walkability premiums in the condominium housing market, Transportation Research Record: Journal of the Transportation Research Board, 2453, 162, 10.3141/2453-20 Li, 2015, Assessing benefits of neighborhood walkability to single-family property values: A spatial hedonic study in Austin, Texas, Journal of Planning Education and Research, 35, 471, 10.1177/0739456X15591055 Litman, 2015 Litman, 2003, Economic value of walkability, Transportation Research Record: Journal of the Transportation Research Board, 1828, 3, 10.3141/1828-01 Liu, 2017, Impact of bike facilities on residential property prices, Transportation Research Record, 2662, 50, 10.3141/2662-06 Muth, 1969 Orford, 2000, Modelling spatial structures in local housing market dynamics: A multilevel perspective, Urban Studies, 37, 1643, 10.1080/00420980020080301 Pan, 2013, The impacts of an urban light rail system on residential property values: A case study of the Houston METRORail transit line, Transportation Planning and Technology, 36, 145, 10.1080/03081060.2012.739311 Pan, 2014, Effects of rail transit on residential property values: Comparison study on the rail transit lines in Houston, Texas, and Shanghai, China, Transportation Research Record: Journal of the Transportation Research Board, 2453, 118, 10.3141/2453-15 Pivo, 2005 Rodríguez, 2004, Value of accessibility to Bogotá’s bus rapid transit system, Transport Reviews, 24, 587, 10.1080/0144164042000195081 Rosen, 1974, Hedonic prices and implicit markets: Product differentiation in pure competition, Journal of Political Economy, 82, 34, 10.1086/260169 Stokenberga, 2014, Does bus rapid transit influence urban land development and property values: A review of the literature, Transport Reviews, 34, 276, 10.1080/01441647.2014.902404 Suzuki, 2013, Transforming cities with transit: Transit and land-use integration for sustainable urban development, The World Bank. Voith, 1993, Changing capitalization of CBD-oriented transportation systems: Evidence from Philadelphia, 1970–1988, Journal of Urban Economics, 33, 361, 10.1006/juec.1993.1021 Xu, 2018, Single-family housing value resilience of walkable versus unwalkable neighborhoods during a market downturn: Causal evidence and policy implications, American Journal of Health Promotion, 32, 1, 10.1177/0890117118768765 Yang, 2018, Walking accessibility and property prices, Transportation Research Part D: Transport and Environment, 62, 551, 10.1016/j.trd.2018.04.001