Benefits of Proximity to Rail on Housing Markets: Experiences in Santa Clara County

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Value of accessibility to Bogotá's bus rapid transit system (2004, methodology): “While some studies define accessibility as one’s physical ability to reach a station or stop (e.g. Gatzlaff and Smith, 1993; Cervero and Duncan, 2002a, c), others (e.g. Damm et al., 1980; Voith, 1993) define accessibility as the line-haul travel time to particular destinations.”
Effects of Transportation Accessibility on Residential Property Values (2009, unknown): “5% (17, 19) San Diego, California, Trolley Not stated Positive (44) San Francisco, California, Bay Area BART Property values Positive (59) San Francisco Bay Area BART Residential rent +10–15% (60, 61) +15–26% Santa Clara County, California Commercial and office property +23–120% (62) Santa Clara Cou”
Financing Transit Systems through Value Capture: An Annotated Bibliography (2006, background): “47) Robert Cervero and Michael Duncan (2002), “Transit’s Value Added: Effects of Light Commercial Rail Services on Commercial Land Values,” Presented at TRB Annual Meeting (available at www.”
Forty years of modelling rapid transit’s land value uplift in North America: moving beyond the tip of the iceberg (2016, background): “However, several studies have consistently found positive and statistically significant land value effects associated with this system (Cervero & Duncan, 2002a, 2002b; Weinberger, 2001).”