Bike Lanes Good For Property Values

Two-way parking protected bike lane in Montreal. Photo by Karen and MomentumMag

Quite simply, bike lanes help to calm traffic at the same time as they make roads safer for biking for all ages and all abilities. Roads with cycling facilities become more family-friendly and that in turn helps neighbourhoods become more attractive to families. The evidence supporting the positive impact of bike lanes on property values has been well-established for over a decade, and has been reported on this blog before (here and here). Yet every once in a while an article comes along that weaves this information and more into a compelling picture of how cycling facilities are an integral part of family-friendly neighbourhoods – places where families are willing to pay more to relocate. Read more here.

Author: Alan Medcalf

Alan is a post-corporate, volunteer, community builder living in Brockville, Ontario. He seeks to create sustainable lifestyle advantage for the community by creating opportunities for more people to choose to walk and to ride bikes. He promotes the health, social, environmental and economic benefits of active mobility.