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

Coastal GasLink stresses pipeline ‘on a schedule’ as B.C. appoints liaison for Wet’suwet’en

670-kilometre pipeline is schedule to be completed by end of 2023

Anticipated adverse weather leads to ferry rescheduling, Prince Rupert and Haida Gwaii

Sailing for the Northern Expedition, Skidegate has been revised by BC Ferries

It’s a sign for Haida Gwaii

Haida Gwaii signs will be bi-lingual to respect language

Skidegate man arrested following Queen Charlotte RCMP investigation

Man faces possible drugs and weapons charges

Cannabis and vaping 101

RCMP invite community to engage in cannabis and vaping dialogue workshops

VIDEO: Canada’s first presumptive case of coronavirus officially confirmed

Both patient and wife arrived on a China Southern Airlines flight after having been to Wuhan

First-place Canucks beat Blues 3-1 for ninth straight home win

Miller nets pair as Vancouver defeats Cup champs

Swapping grape varieties can help winemakers adapt to climate change: UBC study

Report says 56% of wine-grape-growing regions would be lost if global climate warms by 2 C

Alberta premier wants feds to approve Teck mine for benefit of First Nations

Kenney: ‘Surely [reconciliation] means saying yes to economic development for First Nations people’

Police search for man who went missing from Vernon hotel

Jay Rosenberger, 38, was last seen Friday

NDP suggests easing secondary housing rules for B.C. farmland

Lana Popham proposes guest homes not just for relatives

After four sexual assaults in the same B.C. park, RCMP ask women not to walk alone

Four sexual assaults took place in Glen Park over two months

BC Place lights up in purple and yellow to honour Kobe Bryant

Kobe Bryant, his 13-year-old daughter and seven others were killed in a helicopter crash

Whistleblower says Iranian-Americans questioned at Peace Arch crossing were targeted

Immigration lawyer says response from Customs Border Protection is a ‘total cover up’

Most Read