Bike Lanes & Property Values: Is There A Correlation?


Thursday, August 8, 2013, by Josh Green

Bicycle bells could soon sound like cha-chings for buyers and sellers living along the projected 15 miles of installed bike lanes connecting parts of Midtown to the Beltline and beyond. As Curbed Atlanta reported last month, paint and asphalt crews have been hard at work finishing new two-way lanes on the 10th Street corridor. The new dedicated biking lanes are only the first phase of a 26-item project list approved by the City of Atlanta, expanding bike infrastructure from Monroe Drive (at the Eastside Trail) and eventually running a more central route along Peachtree Street. But it’s hard to hear the implications for homeowners and house-hunters — either positive or negative — over the public’s overwhelmingly triumphant bells and whistles. When bike-friendly infrastructure breaks ground, how can we expect property values to respond?

Read the entire article at: Curbed Atlanta