5 ms·

There is a ton of evidence from urban planning that proximity to transport hubs (metro / subway / light rail stations), bike infrastructure, small parks, street

There is a ton of evidence from urban planning that proximity to transport hubs (metro / subway / light rail stations), bike infrastructure, small parks, street design, neighborhood cafes / retail, etc., and overall "walkability" boosts property values significantly. It's called "Locational Advantage" and there's a few decent studies here: - https://www.tandfonline.com/doi/full/10.1080/10527001.2021.2007583 https://www.tandfonline.com/doi/full/10.1080/10527001.2021.2... - https://www.redfin.com/news/how-much-does-walkability-increase-home-values/ https://www.redfin.com/news/how-much-does-walkability-increa... - https://nacto.org/docs/usdg/walking_the_walk_cortright.pdf https://nacto.org/docs/usdg/walking_the_walk_cortright.pdf - https://www.housingwire.com/articles/better-walkability-means-higher-home-prices/ https://www.housingwire.com/articles/better-walkability-mean... - https://www.sciencedirect.com/science/article/abs/pii/S0264275120314281 https://www.sciencedirect.com/science/article/abs/pii/S02642... - http://www.reconnectingamerica.org/assets/Uploads/2009WalkabilityPaper.pdf http://www.reconnectingamerica.org/assets/Uploads/2009Walkab... - https://digitalcommons.unl.edu/cgi/viewcontent.cgi?article=1025&context=arch_crp_theses https://digitalcommons.unl.edu/cgi/viewcontent.cgi?article=1... Etc.

sandworm101 4y ago
But it doesnt go up during the 5-10 years of construction time when roads are blocked and jackhammers are operating. People today want to sell/flip thier house long before any newly-started improvement will be complete.
- wongarsu 4y ago
  That's an argument for opposing metros or light rail (though I'm not sure it's true even there). But a bike lane takes weeks, not years.
- matkoniecz 4y ago
  If bike lane or cycleway takes 5-10 years of construction time then something is deeply wrong.
  - sandworm101 4y ago
    That's the point of the OP. For a variety of reasons, projects sometimes take exponentially longer than expected. It might only take a few days to paint some lines, to convert a car lane to a bike lake. But if the project instead means either making the sidewalk smaller, or expanding the road overall to accommodate the new lane, then timelines start growing. And, of course, a bunch of other improvements and maintenance are layered atop the project. Generally speaking, the road is brought also up to whatever safety standards have been changed. That might mean new sidewalk bits and pieces, new electronic signage or streetlights. Before you know it you are staring at traffic cones for years, mostly as the project waits for one or another subcontractor to do X or Y before Z can begin.

sandworm101 4y ago

But it doesnt go up during the 5-10 years of construction time when roads are blocked and jackhammers are operating. People today want to sell/flip thier house long before any newly-started improvement will be complete.

wongarsu 4y ago
That's an argument for opposing metros or light rail (though I'm not sure it's true even there). But a bike lane takes weeks, not years.
matkoniecz 4y ago
If bike lane or cycleway takes 5-10 years of construction time then something is deeply wrong.
- sandworm101 4y ago
  That's the point of the OP. For a variety of reasons, projects sometimes take exponentially longer than expected. It might only take a few days to paint some lines, to convert a car lane to a bike lake. But if the project instead means either making the sidewalk smaller, or expanding the road overall to accommodate the new lane, then timelines start growing. And, of course, a bunch of other improvements and maintenance are layered atop the project. Generally speaking, the road is brought also up to whatever safety standards have been changed. That might mean new sidewalk bits and pieces, new electronic signage or streetlights. Before you know it you are staring at traffic cones for years, mostly as the project waits for one or another subcontractor to do X or Y before Z can begin.