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Highways and Property Values: the Washington Beltway Revisited
| Content Provider | Semantic Scholar |
|---|---|
| Author | Langley John, C. |
| Copyright Year | 1981 |
| Abstract | This study is a continuation of an investigation of the impacts of the Washington Capital Beltway (I-495) on residential property values in the adjacent community of North Springfield, Virginia. A 17-year (1962-1978) time series of property values represents the longest continuous longitudinal data base used in any analysis of highway impacts on residential communities. The results show conclusively that properties near the highway increase in value at a rate less than those more distant. It was found that properties in proximity to I-495 sell for approximately $3000-$3500 less than the others. (Authors) |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://onlinepubs.trb.org/Onlinepubs/trr/1981/812/812-005.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |