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 Message 2474 
 Adam H. Kerman to Clark F Morris 
 Re: Homes near train station worth more 
 08 Apr 14 02:50:02 
 
From: ahk@chinet.com

Clark F Morris  wrote:
>"Adam H. Kerman"  wrote:
>>hancock4@bbs.cpcn.com wrote:

>>>A recent study by Econsult Solutions found that property values are
>>>higher for suburban homes with better SEPTA commuter rail access.[1]
>>>Station proximity, service frequency, and the presence of commuter
>>>parking all support higher home values. Premiums are as high as 10
>>>percent for homes within one half-mile of a station that provides
>>>sufficient parking and frequent service. The study estimated SEPTA
>>>generates approximately $6 billion in aggregate property value impacts
>>>across Bucks, Chester, Delaware, and Montgomery counties.

>>>[1]Econsult Solutions. "The Impact of SEPTA Regional Rail Service on
>>>House Prices."
>>>[http://www.econsultsolutions.com/experience/our-projects/the
impacts-ofsepta-regional-rail-service-on-suburban-house-prices/]

>>PAGE NOT FOUND

>>Do not, repeat, do not use square brackets. Use angle brackets.

>>http://www.econsultsolutions.com/experience/our-projects/the-i
pacts-of-septa-regional-rail-service-on-suburban-house-prices/

>>I'm saddened that the study suggests that it's necessary to provide any
>>parking at all for those within 1/2 mile. That's disgusting and wrong.

>The parking may be needed to prevent the side streets from being
>clogged with commuter parking that blocks access to the homes within
>walking distance of the station.

I agree as to whom off-street parking really benefits. I still don't want
transit to pay for it.

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