In this week’s installment of UrbanTurf Reader Asks, a reader who is in the market for his first home wonders what the coming streetcar lines will do for surrounding property values.
I have been casually looking for my first condo for about six months now, and just recently started looking seriously. I have also been following the progress of the streetcar lines that DC is currently installing along H Street and the timelines for when construction on the other lines will start. My question is this: Will the arrival of these new lines have a similar affect on property prices in the same way that the opening of a Metro station would or does it make little sense to factor this mode of transportation into the future resale value of my home?
This article originally published at http://dc.urbanturf.com/articles/blog/urbanturf_reader_asks_what_will_streetcars_do_for_property_values/1739
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