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

http://www.uc.edu/news/NR.aspx?id=14300

This seems to be also a good argument for cycle-tourism:

“housing prices went up by nine dollars for every foot closer to the trail entrance. Ultimately, the study concluded that for the average home, homeowners were willing to pay a $9,000 premium to be located one thousand feet closer to the trail.”

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Discussion

One thought on “New Research Finds that Homeowners and City Planners Should ‘Hit the Trail’ When Considering Property Values

  1. I think that bike lanes on roads with no separating skirt are dangerous. I loved the bike lanes in Sweden. They even had their own underpasses so you wouldn’t have to cross roads. Lots of people rode their bicycles there although gas was 5 times what it was here and cars were twice as expensive.

    Posted by Richard Ganton | November 10, 2011, 11:09 am

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