Yan, SisiDelmelle, EricDuncan, Michael2015-04-062015-04-062012https://hdl.handle.net/11299/171065JTLU vol 5, no 2, pp 60-67 (2012)This paper examines the impact of a new light rail system on single-family housing values in Charlotte, North Carolina, from 1997 to 2008. We use a Hedonic Price Analysis (HPA) to estimate how proximity to light rail, housing characteristics, and spatial components (at a block group level) affect single-family housing values. The same method is applied to each of the four time periods (t1, t2, t3, t4) that coincide with the pre-planning, planning, construction, and operation phase of the light rail system. We observe a trend that suggests a greater desirability to live closer to a light rail station as the transit system becomes operational.enCharlotteLight rail transitProperty valuesHedonic price analysisArticle10.5198/jtlu.v5i2.261