Before-and-after analysis of property value around SunRail stations in Orlando, FL

Chia-Yuan Yu and Xi Huang

Journal of Urban Design, 2021, vol. 26, issue 3, 341-353

Abstract: This study explored the changes in housing values before-and-after the several stages of transit investments of SunRail stations in Orlando, FL by using a pre-post and intervention-control design. During the construction period, most of the stations showed no statistically significant differences in housing value changes. For the operation period, houses in the 1-mile buffers around stations displayed lower value increases than those in the adjacent 1-2-mile areas by $9,254, $4,034, and $9,009, respectively. These economic effects have informed urban and transportation planners to consider the locational contexts of transit stations and formulate relevant policies to stabilize the real estate market.

Date: 2021
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DOI: 10.1080/13574809.2020.1797480

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Journal of Urban Design is currently edited by Professor Taner Oc, Professor Michael Southworth, Professor Matthew Carmona and Dr Elisabete Cidre

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