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The Impacts of SEPTA Regional Rail Service on Suburban House Prices

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.

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