LAND VALUE IMPACTS OF EXPRESSWAYS IN DALLAS, HOUSTON, AND SAN ANTONIO, TEXAS

THIS PAPER IS DRAWN FROM RECENT ECONOMIC IMPACT STUDIES IN THE THREE LARGEST CITIES OF TEXAS. ONE STUDY REGARDING HOUSTON'S GULF FREEWAY WAS UPDATED IN 1957. THE OTHER TWO STUDIES (DALLAS AND SAN ANTONIO) WERE CONDUCTED IN 1957 AND 1958. THE THREE STUDIES USED COMPARABLE APPROACHES AS WELL AS TWO COMMON METHODS OF ANALYZING REAL ESTATE SALES DATA. THE APPROACH FOR EACH STUDY INVOLVED THE BEFORE-AND-AFTER CONCEPT, WITH CONTROL AREAS EMPLOYED TO ISOLATE OR INFER NET EXPRESSWAY EFFECTS. ONE COMMON TREATMENT OF SALES WAS TO REMOVE THE VALUE OF IMPROVEMENTS ON PROPERTY SOLD. EACH STUDY ALSO PRESENTED MEASUREMENTS BASED ON UNADJUSTED SALES DATA. A VARIETY OF SITUATIONS WAS ANALYZED IN THE THREE STUDIES. THE DALLAS AND HOUSTON STUDIES WERE CONCERNED WITH IMPACTS OF EXPRESSWAYS HAVING CONTINUOUS FRONTAGE ROADS. THE SAN ANTONIO EXPRESSWAY, ON THE OTHER HAND, FURNISHED FRONTAGE ROADS TO ONLY 18 PERCENT OF ABUTTING LANDS. THE EXPRESSWAYS IN THE THREE CITIES TRAVERSED AREAS WHICH INCLUDE A GREAT NUMBER OF LAND USE PATTERNS. WHEREAS, THE COMPARISONS OF EXPRESSWAY IMPACTS IN THE TEXAS CITIES OFFER SOME INTERESTING AND USEFUL CONFIRMATIONS AND CONTRASTS, AN EQUALLY IMPORTANT FEATURE OF THIS PAPER IS ITS DISCUSSION OF THE METHODS USED. THE STRENGHTS, WEAKNESSES AND UNCERTAINTIES OF THE BEFORE-AND-AFTER APPROACH AND ITS ASSOCIATED TECHNIQUES ARE APPRAISED. SUGGESTIONS FOR USING AND IMPROVING THE SCHEME ALSO ARE PRESENTED. /AUTHOR/

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  • Accession Number: 00240527
  • Record Type: Publication
  • Files: TRIS, TRB
  • Created Date: Sep 16 1994 12:00AM