Measuring the value of transit access for Dallas County: A hedonic approach.

Advocates of urban light rail transit argue that positive developments around station area(s) should offset the costs of implementing a transit system by creating more livable communities and enhance surrounding residential property values. In some cases, decreased urban landscape aesthetics have been reported. The purpose of this study is to contribute to this debate via an analysis of the impact of the Dallas Area Rapid Transit system on residential property values in Dallas County. By examining the impact of distance on property values of two features of the DART system: the transit station and the rail line, and by holding a series of structural variables constant, a net change in value can be calculated using a multi-regression model.

Grantor dc:publisher

University of North Texas

Year dc:date

2007

Author dc:creator

• Leonard, Christopher

Contributors dc:contributor

• Lyons, Donald I.
• Clower, Terry L.
• Rice, Murray D.

• Hedonic
• rail line
• property values
• transit
• DART
• Dallas Area Rapid Transit.
• Local transit -- Texas -- Dallas.
• Real property -- Valuation -- Texas -- Dallas.

Statement dc:rights

• Public
• Copyright
• Leonard, Christopher
• Copyright is held by the author, unless otherwise noted. All rights reserved.

Language dc:language

English

Identifier

oclc: 191211458
https://digital.library.unt.edu/ark:/67531/metadc3948/
ark: ark:/67531/metadc3948

OAI identifier oai:identifier

info:ark/67531/metadc3948