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October 28, 2025Research Article
New urbanism and housing values: a disaggregate assessment
By Song, Y., & Knaap, G. J.
Full Citation
Song, Y., & Knaap, G. J. (2003). New urbanism and housing values: a disaggregate assessment. Journal of Urban Economics, 54(2), 218-238.
Key Findings
The authors reported a price premium of about 12% for homes located in New Urbanist developments in Washington County, Oregon, relative to comparable homes in conventional suburban areas. This premium is linked to factors such as walkability, mixed land uses, and architectural styles.