SOCIO-ECONOMIC RESEARCH
ADDRESSING HOMELESSNESS
Exploring Impacts of Non-Market Housing on Surrounding Property Values – Case Study Overview Report
Description When new non-market housing is announced, neighbours often ask about the impacts on surrounding property values. BC Housing engaged Insight Specialty Consulting to undertake research to understand the market impacts of the intro- duction of non-market housing into a neighbourhood. The Property Values Case Study Overview Report explores median assessed residential property values and median sale prices for the most common residential type surrounding the case study sites. Median assessed values for nearby commercial properties are also examined. In addition, other factors such as land use changes, availability of services, and local and broader economic changes are considered. Impact This research can be used by those engaged in the development of non-market housing to answer concerns from neighbours about the possibility of impacts on property values.
NEW PROJECT Status:
Available online at www.bchousing.org Audience: Non-profit housing providers, municipalities, neighbours
of non-market housing, developers, and other community stakeholders
10 HOUSING RESEARCH & EDUCATION PROJECT HIGHLIGHTS | JUNE 2020
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