A new study from the Center for Neighborhood Technology affirms that homes located near public transportation maintain their property values better than homes without transit access. The study found that residential property values hold their value 42 percent better on average if located within a half-mile of public transportation that has high-frequency service. Studies have also shown that consumers are willing to pay more for housing located in areas that exemplify new urbanist principles or are “traditional neighborhood developments.” These neighborhoods are walkable, higher density, and have a mix of uses as well as access to jobs and amenities such as transit.
Tag Archives: New Urbanism
How Urban Planning Can Improve Public Health
Big-box commercial jumble, lifeless cul-de-sac subdivisions, urban sprawl, deteriorated downtowns, and traffic jams aren’t just sickening sites, but literally may be making Americans sick. There is a growing body of evidence that suggests how places are designed and built can cause and complicate grave health problems for individuals and whole populations. This article illustrates examples of how strategies such as New Urbanism and health-focused design solutions can promote walkability, mixed use, connectivity and civic space within communities.