Friday, May 19 at 10:30am to 11:30am
Lawrence Hall, Room 230 Lawrence Hall 12th Street and University Street, Eugene, OR 97403-5249
The public is invited to attend Andrew Martin’s Masters defense
Friday, May 19, 2017
10:30-11:30am, Lawrence Hall Room 230
Is Bike Share an Amenity?: An Exploration of Bike Share’s
Effect on Single-Family Home Values in Minneapolis
Master of Community and Regional Planning, June 2017
Bicycle sharing systems are rapidly expanding to cities across the globe. Much research has been conducted on transportation and health related benefits purported to occur with bike share implementation, but few studies have sought to understand the economic impacts of bike share. Understanding how bike share changes in home values can inform whether cities should invest in bicycle sharing systems and how the impacts of these investments are distributed to residents.
This research builds two hedonic models to estimate changes in single family home prices in Minneapolis, Minnesota based on proximity to the Nice Ride bicycle sharing system. The models suggest that changes in value are not uniform across the city and that further research is necessary to fully understand how this infrastructure contributes to changes in home values.