LAUSR

ABSTRACT This study explored the changes in housing values before-and-after the several stages of transit investments of SunRail stations in Orlando, FL by using a pre-post and intervention-control design. During the construction period, most of the stations showed no statistically significant differences in housing value changes. For the operation period, houses in the 1-mile buffers around stations displayed lower value increases than those in the adjacent 1-2-mile areas by $9,254, $4,034, and $9,009, respectively. These economic effects have informed urban and transportation planners to consider the locational contexts of transit stations and formulate relevant policies to stabilize the real estate market.