The Added Value of Public Transport
Home Values Performed 42 Percent Better When Located Near Public Transportation during Last Recession Location, location, location near public transportation may be the new real-estate mantra according to a new study released today by the American Public Transportation Association (APTA) and the National Association of Realtors® (NAR). Data in the study reveals that during the last recession, residential property values performed 42 (41.6) percent better on average if they were located near public transportation with high-frequency service. The Spokane Transit…