METHODOLOGY FOR HIGHWAY IMPACT STUDIES

FOUR BASIC APPROACHES HAVE BEEN USED TO ANALYZE THE IMPACT OF HIGHWAY IMPROVEMENT ON LAND VALUES. THE METHODS ARE THOSE OF SURVEY-CONTROL AREA COMPARISON, CASE STUDY, PROJECTED LAND USE VALUE RELATIONSHIP AND MULTIPLE REGRESSION ANALYSIS. THE METHODOLOGY DISCUSSED THROUGHOUT THIS ARTICLE IS THAT OF A STUDY PROJECT CONDUCTED BY THE AUTHOR CONCERNING A LIMITED ACCESS HIGHWAY IN JACKSONVILLE, FLORIDA. THE SURVEY-CONTROL AREA COMPARISON METHOD OF ANALYSIS WAS SELECTED. THE NATURE OF THE DATA USED TO STUDY IMPACT OF HIGHWAY CONSTRUCTION OR IMPROVEMENT ON LAND VALUES IMPOSES SERIOUS LIMITATIONS ON THE APPLICATION OF EVEN THE BEST DEVELOPED METHODOLOGY. REAL ESTATE SALES ARE, AT BEST, APPROXIMATIONS OF THE VALUE OF THE PROPERTY. AN INVESTIGATION OF VARIOUS IMPACT STUDIES INDICATES THAT THE 'BEFORE AND AFTER' IMPACT ANALYSIS CAN BE BENEFICIAL TO THE LOCALITY WHICH IS BEING ANALYSED. IN ADDITION, OTHER LOCALITIES, ESPECIALLY THOSE PLANNING SIMILAR PROJECTS, CAN GAIN BACKGROUND FROM PREVIOUSLY CONDUCTED STUDIES. /AUTHOR/

  • Supplemental Notes:
    • Vol 36, No 1, PP 65-72
  • Authors:
    • Mcgough, B C
  • Publication Date: 1968-1

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  • Accession Number: 00240477
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Mar 12 1994 12:00AM