2026-09-21T14:46:43Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/320972026-06-06T00:48:30Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Henry O. Pollakowski.
Schuur, Arah (Arah Louise Adele)
Massachusetts Institute of Technology. Dept. of Urban Studies and Planning.
Massachusetts Institute of Technology. Department of Urban Studies and Planning
2006-03-28T19:51:14Z
2006-03-28T19:51:14Z
2005
2005
http://hdl.handle.net/1721.1/32097
62119691
Thesis (M.C.P. and S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2005.
This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Includes bibliographical references (p. 113-115).
The impact of large, multifamily developments on nearby single-family home prices was tested in five towns in the Greater Boston Area. Case studies that had recent multifamily developments built near transit nodes or town centers were chosen. For each town, a conservative impact zone around the multifamily development was established, and sales prices in this area were compared to those in the rest of the town. Using data on the sales of single-family homes from 1987 until 2005, regression analyses were used to construct hedonic price models for the impact and control areas. This model was used to create a sales price index over time. The trend in the index of the impact zone and the control area was compared in the years immediately preceding the permitting of the multifamily development and the years following completion of the development in order to determine if the multifamily development affected sales prices in the impact zone. In the four cases for which there was appropriate data, no negative effects in the impact zone were found.
by Arah Schuur.
M.C.P.
S.M.
116 p.
5522762 bytes
5521261 bytes
application/pdf
application/pdf
eng
Massachusetts Institute of Technology
M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.
http://dspace.mit.edu/handle/1721.1/7582
Urban Studies and Planning.
The impact of multifamily development on single family home prices in the Greater Boston Area
Thesis
application/pdf
Publication
unknown
unknown
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<Abstract>The impact of large, multifamily developments on nearby single-family home prices was tested in five towns in the Greater Boston Area. Case studies that had recent multifamily developments built near transit nodes or town centers were chosen. For each town, a conservative impact zone around the multifamily development was established, and sales prices in this area were compared to those in the rest of the town. Using data on the sales of single-family homes from 1987 until 2005, regression analyses were used to construct hedonic price models for the impact and control areas. This model was used to create a sales price index over time. The trend in the index of the impact zone and the control area was compared in the years immediately preceding the permitting of the multifamily development and the years following completion of the development in order to determine if the multifamily development affected sales prices in the impact zone. In the four cases for which there was appropriate data, no negative effects in the impact zone were found.</Abstract>
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