Posts Tagged ‘property values’
What I’ve been up to…
In May I spoke at the Congress for the New Urbanism. I presented a project I’ve been working on for many years, which is now beginning to reach a stable point where it makes sense to open it up to the outside world. This project is called Net Attraction Framework, and it’s my attempt to [...]
Speaking Tonight on Property Value Theory
For those who are interested, I’ll be speaking tonight at 7PM at CNU-Houston’s April Professional Development meeting. The meeting will be held at “New Living,” which is a hardware store in the Rice Village area.
The talk will cover the connection between design decisions and property value impacts. I’ll apply these observations to Houston, and look at what the city should and should not do when it looks to invest in infrastructure and revitalize neighborhoods.
Land Speculation and TOD
Houston Tomorrow linked to a report on TOD that I found pretty interesting. The report basically broke down the impact of transit on property values as measured across the country for the last ten years or so. They found that the majority of the value of the transit line actually accumulates prior to the transit [...]
Comparing Interfaces: Real Urbanism versus Immitation Urbanism
Today we’re going to take a look at some of the residential infill development that has taken place in Midtown, and see what a difference good interface can make. If you haven’t read the background material on this one, here’s a quick summary. Interface is the connection between public and private space. It’s the street, [...]
Comparison of Houston Home Prices
Given Andrew’s recent post on property taxes and their effect on housing prices here in Houston (and the relatively intense reaction it garnered among some), I thought I would do a little comparison. I am currently looking at purchasing property here in Houston and my initial reaction has been surprise at how much more expensive [...]
Property Value Theory, Part 3: Places that Attract People
My Property Value Theory In urban settings the root value of all property is its attractiveness to human use, which I call “people-productivity“. This is different from resource-productivity, which is the basis for rural land values. There are two major things that attract people in a macro level: natural conditions (good weather, beautiful scenery, etc) [...]
Property Value Theory, Part 2: Interfaces and Conduits
Tuesday we took a look at the fundamental components of property values, at a macro level. In short, properties fall in two categories: resource-productive, and people-productive. Generally, if a property isn’t a farm or some kind of mine (or well) then it’s value is derived from it’s ability to attract human use. When humans use [...]
Property Value Theory, Part 1: People-Productivity
Continuing from my earlier post on Transportation Theory, today I wanted to take a look at property values, and what creates value in land. Again, these are my own words, but are drawn from the extensive graduate research I did as well as my professional experience as a real estate consultant. [serialposts] Two Kinds of [...]