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I worked with @confessedemu to create a map using data from @OpenDataEdm showing total assessed neighbourhood land values per square km. What factors contribute to differing values? Read the thread to find out. #CityMakingMath @CityMakingMath 1/5 https://confessedemu.carto.com/builder/273453c6-4b0c-477c-9376-24ebbbc7269a/embed
1) Population density is a significant factor that explains about 33% of neighbourhood land values. However, dense neighbourhoods without walkable amenities have lower values. 2/5 https://confessedemu.carto.com/builder/6f4a60d6-026b-4ee7-a45e-a51a0de7bb8f/embed #CityMakingMath
2) Walkability using WalkScore data explains about 11% of assessed values. 3/5 #CityMakingMath #yegwalk https://confessedemu.carto.com/builder/048134d0-7933-457f-ae05-835d0b99e0bb/embed
3) Good transit accessibility combined with high walkability has a positive correlation to neighbourhood land values. 4/5 #CityMakingMath #yegtransit https://confessedemu.carto.com/builder/bf5466f8-c45b-4fc4-9f4e-0cafdb714043/embed
Density, walkable amenities, and good public transit are three things that every neighbourhood should strive to have. It would be great if @PlanEdmonton set density, walkability, and transit accessibility targets for every new and existing neighbourhood. 5/5 #CityMakingMath
