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Impacts of bicycle facilities on residential property values in 11 US cities

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  • Dahir, Abdirashid
  • Le, Huyen T.K.

Abstract

Bicycle infrastructure has been found to increase nearby residential property values. However, most evidence for this economic impact is limited to a single city. This study investigates the pre- and post-treatment effects of different types of bicycle facilities on the values of single-family and multifamily homes in 11 cities in the United States from 2000 to 2019. We utilize a quasi-experimental approach with matching techniques and hedonic models to track down the changes in the sales price of residential properties over time within an 800-m buffer of bicycle facilities. We found a mixed impact of property value appreciation, depreciation, and no change in the sales price by different types of bicycle infrastructure including on-street and off-street facilities on single-family and multifamily residential properties across the 11 cities. Single-family and multifamily properties near off-street-only facilities experienced appreciation in Los Angeles, Minneapolis, and Cleveland. Meanwhile, single-family homes near on-street-only facilities tended to decrease their values in Columbus, Eugene, Philadelphia, and Tucson, and increase only in Minneapolis. All properties within 800 m of both on-street and off-street facilities saw their values increase in Columbus and Minneapolis. However, we did not find a statistically significant effect of bicycle infrastructure on housing values in Portland, San Francisco, and Seattle. Findings from our study will inform decision-making and planning for bicycle infrastructure while ensuring the equitable distribution of these facilities and affordable housing for disadvantaged populations.

Suggested Citation

  • Dahir, Abdirashid & Le, Huyen T.K., 2025. "Impacts of bicycle facilities on residential property values in 11 US cities," Journal of Transport Geography, Elsevier, vol. 123(C).
    • Handle: RePEc:eee:jotrge:v:123:y:2025:i:c:s0966692325000377
    DOI: 10.1016/j.jtrangeo.2025.104146
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