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Old 02-17-2010, 09:40 AM   #31
kevman
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Join Date: Apr 2004
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Quote:
Originally Posted by Table 5 View Post
What uninformed buffoon did you hear that from? Rick Bell? Go to any major city in the world and you will quickly realize the closer your neighborhood is to a public transit station, the more valuable your property. It might not be a big deal now, but the bigger Calgary gets, the more access to good public transit becomes a key to a lot of people.

Then again, you might see some teenagers and strangers and stuff, and I know how unacceptable that is to some Calgarians.
I assume he meant houses directly adjacent to LRT stations go down in value which, based on the Calgary Tax Assessments, I'd say he's right. If given the choice between having your back yard open directly to the LRT station or being the neighbour across the street wouldn't you rather have the later? Trading 15 extra seconds of walking for increased privacy is something I think I'd value and apparently so do a lot of other home owners.
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