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

Air Canada extends suspension of flights in and out of West Kootenay Regional Airport until April 30

It’s still unknown if flights will resume at Castlegar’s airport on May 1

Q&A: Interior Health CEO answers questions on COVID-19 response

Susan Brown, president and CEO of Interior Health, answers questions regarding COVID-19

COVID-19 adds worry and unexpected costs to Castlegar woman’s cancer fight

Community fundraiser raises $9,000 for Jennifer Rodrigues’ family

Ivy at Nelson Courthouse to be removed

The ivy is causing structural damage to the building

B.C. couple celebrates 61st anniversary through seniors’ home window

Frank and Rena Phillips marked occasion at Nanaimo Seniors Village this week while social distancing

A look at some of the B.C. inventors creating life-saving tools in fight against COVID-19

Groups across B.C. are working together to create what they hope will help people affected by the pandemic

Association launches French-language games, online tools for families learning at home

Games, culture and vocabulary included in new virtual resources

‘There can be no ambiguity’: Travellers brought home to B.C. must self-isolate

Health Minister Adrian Dix said the mandatory isolation must be abided by

Interior Health confirms five additional cases in Okanagan COVID-19 outbreak

The total amount of confirmed cases at Bylands Nurseries Ltd. is 19; no further cases expected

55+ BC Games cancelled amid COVID-19 concerns

Greater Victoria set to host 2021 event

ANKORS East Kootenay details concerns surrounding harm reduction amid COVID-19

Harm reduction providers are having to keep up with rapidly changing situation

BC Hydro offers three-month bill ‘holiday’ for those affected by COVID-19

Industrial customers can defer half of their power bills

Some April Fool’s Day jokes bring much-needed laughter; others tone deaf to COVID-19

Police are warning the public not to use the ongoing pandemic as a punchline

Most Read