Documentation and preliminary analysis of property values surrounding Austin's commuter rail stations

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2007-05

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Abstract

Commuter rail infrastructure often adds value to neighboring properties. The best methods to measure changes in values require baseline data from a year prior to system implementation. The current planning of a commuter rail in Austin, TX presents the need to document property values for future studies. The report records 2005 property values from Travis and Williamson Central Appraisal Districts, using GIS to group the data by various distances away from the proposed train stations. In addition, a large set of secondary improvement data and census demographic information about each site has been accumulated. Future researchers will be able to conduct matched-pair and multivariable regression models with the data, and rely on the station descriptions for a solid understanding of the sites and their relationships.

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