{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/35308"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/35308","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Evaluating the Impact of Rail-Trail Conversion Projects on Property Values: Empirical Evidence from the Illinois Prairie Path","abstract":"Local governments and urban planners are increasingly interested in converting abandoned railroad lines to recreational uses. Despite the benefits that can be derived from such rail-trail conversion projects, they often face strong political opposition. This opposition is primarily from owners of residential properties along the railroad right-of way who fear that the value of their properties will decline after the conversion. This study uses empirical data (as opposed to opinion surveys) from the Illinois Prairie Path to test if these fears are justified. Assessed land values of properties 'close to' and 'away from' the trail are compared. The same is done for rental prices. In the first case, no significant difference is found for an average property, but different impacts result from analyzing particular assessed land value levels. In the second case residential rents are found to be higher in properties close to the trail in average, as well as for particular rent levels.","abstract_html":"Local governments and urban planners are increasingly interested in converting abandoned railroad lines to recreational uses. Despite the benefits that can be derived from such rail-trail conversion projects, they often face strong political opposition. This opposition is primarily from owners of residential properties along the railroad right-of way who fear that the value of their properties will decline after the conversion. This study uses empirical data (as opposed to opinion surveys) from the Illinois Prairie Path to test if these fears are justified. Assessed land values of properties 'close to' and 'away from' the trail are compared. The same is done for rental prices. In the first case, no significant difference is found for an average property, but different impacts result from analyzing particular assessed land value levels. In the second case residential rents are found to be higher in properties close to the trail in average, as well as for particular rent levels.","abstract_has_math":false,"creators":["Carvajal N., Ana Maria"],"institution":"University of Illinois at Urbana-Champaign","degree_name":null,"degree_level":"Thesis","degree_discipline":"Urban Planning","degree_department":null,"school":null,"contributors":["George, Varkki"],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2012,"date_issued":"2012-12-18T16:37:36Z","date_published":"2012-12-18T16:37:36Z","updated_at":"2026-07-22T22:25:31Z","subjects":["Rail Trail - Illinois - Economic Aspects","Real Property -- Valuation","Illinois Prairie Path"],"languages":["en"],"rights":["Copyright 1999 by Ana Maria Carvajal N."],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/2142/35308","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["George, Varkki"]},{"key":"dc:creator","label":"Author","values":["Carvajal N., Ana Maria"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2012-12-18T16:37:36Z","1999"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Urban Planning"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Thesis","M.S."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Rail Trail - Illinois - Economic Aspects","Real Property -- Valuation","Illinois Prairie Path"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["en"]},{"key":"dc:rights","label":"Dc Rights","values":["Copyright 1999 by Ana Maria Carvajal N."]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["http://hdl.handle.net/2142/35308"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["Local governments and urban planners are increasingly interested in converting abandoned railroad lines to recreational uses. Despite the benefits that can be derived from such rail-trail conversion projects, they often face strong political opposition. This opposition is primarily from owners of residential properties along the railroad right-of way who fear that the value of their properties will decline after the conversion. This study uses empirical data (as opposed to opinion surveys) from the Illinois Prairie Path to test if these fears are justified. Assessed land values of properties 'close to' and 'away from' the trail are compared. The same is done for rental prices. In the first case, no significant difference is found for an average property, but different impacts result from analyzing particular assessed land value levels. In the second case residential rents are found to be higher in properties close to the trail in average, as well as for particular rent levels.","Submitted by Jacob Nash (jnash4@illinois.edu) on 2012-12-18T16:37:36Z No. of bitstreams: 1 Carvajal_Thesis.pdf: 21455976 bytes, checksum: 89d8748ef222b8f613c69d21207b306d (MD5)","Made available in DSpace on 2012-12-18T16:37:36Z (GMT). No. of bitstreams: 1 Carvajal_Thesis.pdf: 21455976 bytes, checksum: 89d8748ef222b8f613c69d21207b306d (MD5) Previous issue date: 1999"]},{"key":"dc:title","label":"Title","values":["Evaluating the Impact of Rail-Trail Conversion Projects on Property Values: Empirical Evidence from the Illinois Prairie Path"]}]}],"canonical_facts":{"dc:contributor":["George, Varkki"],"dc:creator":["Carvajal N., Ana Maria"],"dc:date":["2012-12-18T16:37:36Z","1999"],"dc:description":["Local governments and urban planners are increasingly interested in converting abandoned railroad lines to recreational uses. Despite the benefits that can be derived from such rail-trail conversion projects, they often face strong political opposition. This opposition is primarily from owners of residential properties along the railroad right-of way who fear that the value of their properties will decline after the conversion. This study uses empirical data (as opposed to opinion surveys) from the Illinois Prairie Path to test if these fears are justified. Assessed land values of properties 'close to' and 'away from' the trail are compared. The same is done for rental prices. In the first case, no significant difference is found for an average property, but different impacts result from analyzing particular assessed land value levels. In the second case residential rents are found to be higher in properties close to the trail in average, as well as for particular rent levels.","Submitted by Jacob Nash (jnash4@illinois.edu) on 2012-12-18T16:37:36Z No. of bitstreams: 1 Carvajal_Thesis.pdf: 21455976 bytes, checksum: 89d8748ef222b8f613c69d21207b306d (MD5)","Made available in DSpace on 2012-12-18T16:37:36Z (GMT). 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