Pavement Condition and Residential Property Values: A Spatial Hedonic Price Model for Solano County, California

Abstract

Transportation agencies invest billions of dollars every year in resurfacing roadways, ostensibly to improve the travel experience. When locally funded, one justification for increased expenditure on the pavement surface is that it could increase property values. We evaluated this approach directly, using hedonic regression to estimate the relationship between pavement condition and residential property value in Solano County, California. We hypothesized that improving pavement condition would positively affect property values in two ways: directly as an indicator of neighborhood blight and indirectly through its effect on traffic conditions and noise. We estimated this relationship for the County as a whole and for each city within the County, controlling for spatial autocorrelation. The estimated relationship is small in magnitude and often not statistically significant. Although there are certainly reasons to improve pavement condition, our results suggest that increasing property value may not be one of them.

Design and preliminary testing of demand-responsive transverse rumble strips

“…Figure 10 shows the increase in in-vehicle vibration for the test cases, due to active DRTRS. Similar to invehicle noise, the results varied with speed and vehicle type, but were consistently above the upper ceiling of detectable vibration of 4.25 ms 22 . The only exception was in-vehicle at 40 mph in the case of the diesel truck, which might be explained by the larger tire size and nature of the vehicle's suspension absorbing more vibrations.…”

“…One study indicated that an increase in the sound level, from the ambient noise level, by 4 dB is detectable, 15 while another study indicated that 7 dB is detectable. 16 Other studies have demonstrated that TRS can generate an extra 10-17 dB of in-vehicle noise 14,17 and up to 2.55 ms 22 of vibration, 18 compared with those produced only by ambient roadway conditions. This extra noise and vibration has been found sufficient to alert drivers.…”

The Profile of Portuguese People when Choosing an Apartment

“…Landfills and delinquency . Seo, Salon, Shilling and Kuby (2018). Contaminated land, irreversible and irreparable damage to nature Horváth and Hajnal (2014); Chen and Li (2017); Taylor, Phaneuf and Liu (2016).…”

“…Landfill of debris Seo, Salon, Shilling and Kuby (2018). Presence of a nearby landfill Jauregui and Hite (2005); Chen and Li (2017).…”

Giá trị kinh tế của vỉa hè tại Thành phố Hồ Chí Minh

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