I've heard houses that close to a station go down in value.
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.
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.
Ask people who live in the communities of Silver Springs/Scenic Acres/Arbour Lake/Ranchlands if they like the new crowfoot LRT and the riff-raff associated with it. Car break-ins have increased as well property damage.
Edit: and I see you live in NYC so that will probably mean nothing to you.
It's a brand new line, and they've still got it crossing streets at ground level? That's pretty bush league.
All the streets it is crossing at grade are either low volume, have been designed for the at-grade crossing from the outset (especially west of Sarcee Trail), or both. Some streets are being closed as well.
Calgary's brand of LRT will always have some at-grade crossings in certain places. Plenty of other cities do this as well, many of them bigger than Calgary. There's not much need to have grade separation on an LRT line as it crosses low volume streets through lower density residential areas, especially when many of those streets were designed with this in mind.
Depends how it operates. If it is linked with the NE line, then a transfer downtown will be required. If it is linked with the south line, which is a possibility, it will take you directly to the Saddledome. They may end up having special runs during events that will go from the West line to the Saddledome. I could see them doing this especially after a game.
Ask people who live in the communities of Silver Springs/Scenic Acres/Arbour Lake/Ranchlands if they like the new crowfoot LRT and the riff-raff associated with it. Car break-ins have increased as well property damage.
I would assume the vast majority of people in those neighborhoods love the fact that they can get to downtown/school a lot faster than they ever did before. And those who don't use the LRT probably enjoy the reduction in traffic on the roads, and the increase in property value that will inevitably happen.
Teenagers don't come out to the LRT just so they can break into some cars 20 blocks away from the station in Arbour Lake. The "riff-raff" probably already lives there.
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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.
There is still likely a decline right next to the station. Take 3 identical houses. One right next to the station, one a block away, and one 2 blocks away. I would imagine that the second house would be most valuable. Although land value of the first house would possibly be higher which may make it a wash. However, it may be tough to realize that value until a developer steps in to buy up the block to put in higher density housing.
Calgary is weird though. I'm thinking of those neighborhoods near the Anderson, Southland and Heritage stations. They are kinda ratty areas, but I'm not sure they are ratty because they are ratty or because the LRT is there. I wish they made a few commercial areas around the stations, so that they aren't wastelands otherwise.
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.
Because Calgary doesnt have alot of Elevated rail I dont think anyone can say for certain how property values will be affected at the Sunalta station.
In other cities above ground stations normally dont produce the property value bounce on average that underground or at grade stations do.
I am sure there are lots of reasons for this. Chiefly likely that it is an eyesore in the air.
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Ideally, there would be no single-family houses RIGHT NEXT to a station as it's a bit of a density waste. Around stations there should exist higher density housing/commercial, with the density getting lower the farther away you get from the station. You want as many people to have access to that station, so building higher density makes sense.
Not sure what the case is with the newer LRT stations as I haven't been to them lately (commute is a bit hard what with the several thousand km's in between), but I would assume that the city is trying to densify the neighborhoods around these stations like they are around the UofC. Problem is you always get the crazies out in full force protesting that the world will end if they build a high-rise in their neighborhood.
In other cities above ground stations normally dont produce the property value bounce on average that underground or at grade stations do.
Yep, above ground stations/tracks are definitely not ideal for property value. Ideally you want that stuff below ground as sometimes even the at-grade stuff can be a bit of an eyesore (depending on the design of course).
Yep, above ground stations/tracks are definitely not ideal for property value. Ideally you want that stuff below ground as sometimes even the at-grade stuff can be a bit of an eyesore (depending on the design of course).
Well, for the record, mine will be close to an underground station (assuming nothing changes) . . . Actually anyone who is in the direct radius of the proposed Westbrook redevelopment plan is probably going to benefit.
Calgary is weird though. I'm thinking of those neighborhoods near the Anderson, Southland and Heritage stations. They are kinda ratty areas, but I'm not sure they are ratty because they are ratty or because the LRT is there. I wish they made a few commercial areas around the stations, so that they aren't wastelands otherwise.
Quote:
Originally Posted by Table 5
Ideally, there would be no single-family houses RIGHT NEXT to a station as it's a bit of a density waste. Around stations there should exist higher density housing/commercial, [...] I would assume that the city is trying to densify the neighborhoods around these stations like they are around the UofC.
To the first post, here is a concept rendering from the Anderson Station Area Plan draft:
As for the second post and new stations, and more importantly on the topic of the West LRT, here is a couple concept renderings from the Westbrook Village Area Plan:
Note that these renderings don't show the exact buildings that are going to be built, they are just to give you an idea of the scale and layout of the areas.
Here is something that will be built though. The Westbrook Station entrance will actually be built as part of a new office building that will house LRT operations, as well as retail on the ground floor.
There will be underground parking for this building, and since it can't go directly beneath the building due to the LRT tunnel being there, it will be built partially under 33rd Street.
Calgary is weird though. I'm thinking of those neighborhoods near the Anderson, Southland and Heritage stations. They are kinda ratty areas, but I'm not sure they are ratty because they are ratty or because the LRT is there. I wish they made a few commercial areas around the stations, so that they aren't wastelands otherwise.
I know that we have imported some of the vagrants and pan-handlers from further north as the C-train has come south. I suppose that is one of the downsides to having the train come close to you.
After watching the vid, those people who get on at Westbrook are going to have it so sweet during the wintertime.
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