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Bay Area Home Prices by Transit Stop

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Re: Bay Area Home Prices by Transit Stop

#4
Since pricing increases based on proximity to downtown SF, my intuition would lead me to think that pricing should also increase based on proximity to a BART station (or existence of a BART station) within a suburban city, since it positively impacts ability to get to downtown SF. But I'm not sure that's true in reality. It also doesn't line up with the stereotypical NIMBY complaint I've always heard (e.g. Marin County) that transit attracts riff-raff and would therefore depress home prices. I suppose there've been studies done on this sort of thing so perhaps I'll have a quick google.

Re: Bay Area Home Prices by Transit Stop

#9
post #4

Since pricing increases based on proximity to downtown SF, my intuition would lead me to think that pricing should also increase based on proximity to a BART station (or existence of a BART station) within a suburban city, since it positively impacts ability to get to downtown SF. But I'm not sure that's true in reality. It also doesn't line up with the stereotypical NIMBY complaint I've always heard (e.g. Marin Coun…

This is definitely true for Caltrain stations in SV, but I'm actually not sure if it applies to BART since it at least seems like most of the more expensive neighborhoods in the city aren't particularly close to a station.

Re: Bay Area Home Prices by Transit Stop

#10

The average travel times by BART don't seem all that bad, most large metropolitan cities need an hour by transit anyways. Do people in SF-region really not commute to work from afar?

This article[1] claims that the "national average commute time is 24.4 minutes" and that "the San Francisco-Oakland-Fremont region is also No. 1 for commute distance" in the country.

[1] http://ww2.kqed.org/news/2013/03/05/san-francisco-bay-area-n...

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