Understanding How Street Reconstruction Affects Property Value

This study will adopt two approaches to explore how road improvements influence property values and residents’ quality of life. First, we will interview residents about their perceived costs of poor road conditions and survey planners/engineers of local governments about their perceived benefits of road improvements. We expect to identify the divergence in their perceptions and produce a holistic list of quantifiable and non-quantifiable benefits associated with road improvements.

Language

• English

Project

• Status: Programmed
• Contract Numbers:

  1036342 WO#50

• Sponsor Organizations:

  Local Road Research Board

  395 John Ireland Boulevard
  St. Paul, Minnesota  United States  55155-1899
• Start Date: 20220701
• Expected Completion Date: 0
• Actual Completion Date: 0

Subject/Index Terms

• TRT Terms: Improvements; Property values; Reconstruction; Streets
• Subject Areas: Planning and Forecasting; Policy;

Filing Info

• Accession Number: 01836019
• Record Type: Research project
• Source Agency: Minnesota Department of Transportation
• Contract Numbers: 1036342 WO#50
• Files: RIP, STATEDOT
• Created Date: Feb 16 2022 11:57AM