Judging from a statistical analysis by Redfin, there is in fact a positive correlation between home values and transit access. But that only applies in areas where transit and walking are already common modes.
Pulling from a Redfin report, Joe Cortright discusses the relationship between home value and Transit Score. "What they find is that, after controlling for these other observable characteristics that we know influence home values, that each additional point of Transit Score is associated with an average of about $2,000 in higher home value."
But it's difficult to distinguish between the effects of walkability and transit access. "As a result, given the overlap between walkable neighborhoods and transit-served ones, its probably difficult, and maybe impossible, to tease out the separate contribution of the two factors."
Cortright concludes, "Measures like Walk Score and Transit Score (and a third sibling, Bike Score) are actually alternate ways of measuring a home's accessibility: how easy it is to reach a range of common destinations."
Another finding: the positive correlation grew more pronounced in places where transit, walking, and biking were already prevalent. But in places dominated by automobile travel, (relatively) high Transit Scores can actually decrease home value.
Read the full story: Transit and home values
The Best Cities for Public Transit
Redfin released its updated transit scores for 2019 and, while there’s little change in the ranking, cities like D.C. and New York did see changes in their scores.
Most Livable Cities Revisited
This "livable cities" ranking considers transit, walkability, and bikeability.
A Transect of sprawl
A development pattern this lifestyle-defining deserves its whole own classification system.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
California plans to bury El Niño’s downpour
If the state plays its cards right, it may be able to store a billion acre-feet of El Niño’s water in aquifers.
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
US buildings threatened, destroyed by fires set to triple by 2060
Researchers found a high fire risk for socioeconomically vulnerable neighborhoods in the American West.
LA residents may be allowed to paint their own crosswalks
Councilwoman Katy Yaroslavsky put out a motion instructing the Los Angeles Department of Public Transportation to study the feasibility of allowing volunteers to paint crosswalks.
Dallas moves to overhaul its zoning code
The city's zoning reform will allow more multi-family and mixed-use developments.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
Hunter College, City University of New York (CUNY)
The Architects Foundation
University of Cincinnati Online
City of Cambridge
Montrose County
The Pocatello Development Authority