Supportive housing projects, like The Village in Chilliwack, don’t drive down property values of nearby homes, a new study says. Jenna Hauck/The Progress/File photo

Supportive and low-income housing doesn’t hurt nearby property values, B.C. study says

Study found no connection between home values and proximity to supportive housing

Housing for low-income people or those dealing with addictions doesn’t crater the property values of surrounding homes.

That’s the conclusion of a new study looking at the effects of a dozen such B.C. facilities on home values nearby.

Proposed housing facilities that serve residents with challenges, including those struggling with addiction, frequently prompt opposition from future neighbours concerned about the effect on the value of their homes.

The idea has been debunked before, but its persistence led BC Housing to commission a new study of 13 different recent supportive housing facilities around the province.

RELATED: Few complaints about supportive housing project in first year

RELATED: Abbotsford records 13 overdose deaths in Q1 this year

The study looked at the five years after the projects started to operate and compared the assessed values of homes within 200 metres of the facility to both city-wide home values and those within 500 metres.

In six of the 13 cases, homes in the immediate area mirrored those across their neighbourhoods. In four cases, property values near the housing facilities increased quicker than elsewhere. In just three locations did neighbours see their home prices fail to keep pace with those in the broader community.

The study concluded: “The property values in the immediate area surrounding the case study sites typically either mirrored or surpassed similar housing in the surrounding municipalities. This suggests the introduction of non-market housing, such as supportive or affordable rental housing, does not affect residential property values.”

Except in three cases, detached single-family homes comprised the bulk of the surrounding neighbourhoods.

Of the 13 studied, some projects did see problems surface after opening, including Alouette Heights in Maple Ridge. Others, including The Village near downtown Chilliwack, resulted in few complaints. But even in the Alouette Heights neighbourhood, property values weren’t significantly affected. In fact, the value of properties within 200 metres of that project rose faster than elsewhere in Maple Ridge in the years after the facility opened.

Meanwhile, in Chilliwack, near The Village, surrounding properties saw their values increase by 45 per cent. That was almost exactly in line with both the broader area within 500 metres (44 per cent increase) and across Chilliwack as a whole (which also saw a 44 per cent rise in values).

Property Values Summary Report by Tyler Olsen on Scribd

Property Values Summary Report by Tyler Olsen on Scribd

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Better COVID-19 testing results needed in the north

Former senior Northern Health official also wants work camps shut down

A curfew is being implemented by Nak’azdli Whut’en First Nation

The First Nations community will also be putting up check-points due to COVID-19 concerns

Northern Health preparing ‘for a changing situation’ in response to COVID-19

The health authority is taking a number of measures to free up hospital capacity where possible

B.C. COVID-19 contact restrictions working, Dr. Bonnie Henry says

’Not out of the woods yet’ as next two weeks are critical

Northwest Regional Airport says ridership extremely low amid COVID-19

The airport has enacted enhanced sanitary measures and reduced flights

B.C. is seeing the highest rate of COVID-19 recovery in Canada, and there’s a few reasons why

British Columbia was one of the first to see rise in COVID-19 cases, and has also switched up testing

Sewers stitch masks to free up supplies for front-line health-care workers

“We have little old ladies sewing up a storm,” said Joan Davis

Experts weigh in on best handling of groceries during COVID-19 pandemic

Study suggests the virus can live for up to 24 hours on cardboard and up to three days on plastic

COVID-19 world update: Enforceable quarantine in NYC?; France orders 1 billion masks

Spain warns EU’s future at stake; New York governor calls Trump’s idea ‘federal declaration of war

‘Community is amazing’: Williams Lake woman organizes drive-by birthdays

With self-isolation the norm due to COVID-19 children are missing out

Earth Hour 2020 kicks off online Saturday night

Action moves online due to COVID-19

B.C. COVID-19 cases rise 92 to 884, one more death, 81 in care

Outbreak action underway in 12 long-term care homes

B.C. veterinarians want to smooth the fur of COVID-19-worried pet owners

Vets expect to continue giving your fur buddies the help they need while social distancing

B.C. VIEWS: Small businesses need our help

Just as integral in neighbourhoods in Vancouver and Surrey as they are in Prince George or Kelowna

Most Read