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UrbanTurf Reader Asks: What Will Streetcars Do For Property Values?

  • February 2nd 2010

by Mark Wellborn

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UrbanTurf Reader Asks: What Will Streetcars Do For Property Values?: Figure 1

In this week’s installment of UrbanTurf Reader Asks, a reader who is in the market for his first home wonders what the coming streetcar lines will do for surrounding property values.

I have been casually looking for my first condo for about six months now, and just recently started looking seriously. I have also been following the progress of the streetcar lines that DC is currently installing along H Street and the timelines for when construction on the other lines will start. My question is this: Will the arrival of these new lines have a similar affect on property prices in the same way that the opening of a Metro station would or does it make little sense to factor this mode of transportation into the future resale value of my home?

Post your thoughts in the comments section. If you would like to submit a question for UrbanTurf Reader Asks, send an email to editor@urbanturf.com.

Similar Posts:

* The Streetcars are Coming...By Boat * UrbanTurf Reader Asks: What Are the Chances that My Landlord Will Reduce My Rent?

See other articles related to: dclofts, streetcars, urbanturf reader asks

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/urbanturf_reader_asks_what_will_streetcars_do_for_property_values/1739.

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