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THE IMPACT 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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Econsult Solutions Report_FINAL Oct 2, 2013.pdf Download 
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Create Date04/10/2014
Last Updated01/07/2015

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