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As cities consider creating more bicycle lanes and other infrastructure to support riders in their local neighborhoods, city officials and planners must first review any potential impacts changes to urban design and infrastructure could have on things like road traffic, community safety and home property value.
Recently published research in SAGE Journal, led by ASU PhD Geography alumna Lindsey Conrow, and co-authored by Elizabeth Wentz, vice provost and dean of the Graduate College, interim director in the School of Geographical Sciences and Urban Planning, and others, explored whether or not there were associations between bicycling infrastructure and the home sales prices in Tempe.
Conrow and her team found that higher bicycling infrastructure density in close proximity to a home's location was associated with higher home sales prices in Tempe, but cautions that the change is marginal and dependant upon other conditions.
“It's useful to add these findings to the discussion and reassure people that it's unlikely that adding bicycle lanes to their neighborhood will reduce property values and might also have positive impacts to the greater community," Conrow said.
Wentz adds that there also are many other factors that go into the varying prices of homes in the City of Tempe – including the size of the home, school district, and HOA, but this work helps city planners support the idea of bicycle infrastructure for the City of Tempe.
“While residents may not be convinced by this study alone, it does help build the case that neighborhood factors, like bicycle infrastructure, as well as individual home attributes, contribute to the overall desirability of homes as shown through sale prices,” Wentz said.
“This aligns with ASU’s School of Geographical Sciences and Urban Planning’s vision for science-to-solutions research because the modeling efforts help support planners in the design of new bicycle infrastructure."