Market Acceptance of Smart Growth

This study investigates if and how smart growth policies benefit a house seller in resale value and acceptance by the market. It is fairly well documented that smart growth development can benefit neighborhoods and communities by encouraging increased activity (walking and bicycling), and thus improve the health of its residents. These policies can also improve air quality by decreasing vehicle exhaust emissions, and improve environment through decreased storm water runoff. However, do the houses in smart growth developments sell well? Are the benefits of smart growth development realized in resale prices? This report attempts to answer these questions.

• Record URL:
  http://www.epa.gov/smartgrowth/pdf/market_acceptance.pdf
• 
• Corporate Authors:

  Environmental Protection Agency

  1200 Pennsylvania Avenue, NW
  Washington, DC  United States  20460
• Authors:
  • Sobel, Lee S
• Publication Date: 2011-2

Language

• English

Media Info

• Media Type: Web
• Features: Appendices; Illustrations;
• Pagination: 83p

Subject/Index Terms

• TRT Terms: Dwellings; Market value; Prices; Quality of life; Real estate development; Sales; Smart growth; Value capture
• Uncontrolled Terms: Home sales; Resale value
• Subject Areas: Economics; Pedestrians and Bicyclists; I10: Economics and Administration;

Filing Info

• Accession Number: 01340379
• Record Type: Publication
• Report/Paper Numbers: EPA 231-R-10-001
• Files: TRIS
• Created Date: May 16 2011 1:01PM