Friday, November 18, 2011

New Research Finds that Homeowners and City Planners Should 'Hit the Trail' When Considering Property Values

Using a research model they developed, Parent and vom Hofe found that from a real estate perspective, trails can have significant, positive spillover effects on property values when these properties are located within reasonable distances to the trails.

Full Article.

1 comment:

Unknown said...

When I was looking at moving a little while ago, two cities on indicated bike infrastructure.

Some homes listed for Ottawa indicated the Capital bike path is close by.

In Montreal, quite a few homes list "bike lanes/path close by" under features.

Some condos in Vancouver & Victoria list bike parking as a feature.