Document Type

Report

Publication Date

7-2017

Subjects

Transit-oriented development, Transportation -- Planning, Bus rapid transit

Abstract

This research contributes to the relatively small body of literature on property value impacts of BRT in the U.S. by conducting a case study on Lane Transit District’s EmX BRT service in Eugene, Oregon, using econometric modeling techniques to estimate changes in property values associated with the BRT. The analysis is based on hedonic price regression analysis, where sale prices are modeled using several property characteristics that contribute to the market or sale price. The findings of this research indicate that the EmX BRT system does positively impact surrounding single-family home sale prices.

Description

This is a summary of TREC research project NITC-RR-894, from the NITC program of TREC at Portland State University, and can be found online at http://nitc.trec.pdx.edu/research/project/894/.

Final Report NITC-RR-894 can be found at http://archives.pdx.edu/ds/psu/20744.

Persistent Identifier

http://pdxscholar.library.pdx.edu/trec_briefs/45

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