Corpus ID: 17600571

The Effect of Noise Barriers on the Market Value of Adjacent Residential Properties

@article{Julien2002TheEO,
  title={The Effect of Noise Barriers on the Market Value of Adjacent Residential Properties},
  author={Benoit Julien and Paul Lanoie},
  journal={International Real Estate Review},
  year={2002},
  volume={10},
  pages={113-130}
}
This paper provides the first study on the impact of noise barriers on the price of adjacent houses based on a repeat sale analysis (RSA). RSA allows us to empirically examine the differential between the prices of houses sold before and after an event that may have affected their value, and after other relevant variables such as the evolution of the real estate market and major renovations performed on the house are controlled. This paper focuses on the neighborhood of Laval, a suburb of… Expand
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References

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Sales histories of two residential neighborhoods bordering on an Interstate highway were examined to determine the effect of traffic sound reduction on house prices. Sound levels were reduced in one… Expand
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