Econsult Solutions, Inc. (ESI) used data on single-family house transactions over the 2005 to 2012 period in Bucks, Chester, Delaware and Montgomery counties to estimate the property value premium that results from being located close to a Regional Rail station. Using a hedonic regression model, we found that proximity, service frequency and commuter parking all contribute strongly to suburban house values.
The Impacts of SEPTA Regional Rail Service on Suburban House Prices
October 2, 2013
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