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

Disrespectful that Horgan won’t meet during northern B.C. tour: hereditary chief

Na’moks said he was frustrated Horgan didn’t meet with the chiefs

BC Green Party leader visits Wet’suwet’en camps at heart of pipeline conflict

Adam Olsen calls for better relationship between Canada and First Nations

Calls for dialogue as Coastal GasLink pipeline polarizes some in northern B.C.

Coastal GasLink is building the 670-kilometre pipeline from British Columbia’s northeast to Kitimat on the coast

Smithers only taxi company closing down

BV Taxi parking its cars at the end of January

Coastal GasLink repeats desire for meeting with hereditary chiefs

Coastal GasLink says they’re ready to meet with the hereditary chiefs at their convenience

VIDEO: Bobcat infiltrates Shuswap couple’s coop, feasts on fowl

Police officers credited for attempting to assist with animal’s extraction

Skier dies at Fernie Alpine Resort

It’s the second person to die in a tree well at a ski resort in B.C. in the past week.

VIDEO: B.C. mom shares ‘insane’ experience of viral dinosaur video

Tabitha Cooper filmed her costumed sons meeting their grandma at the Victoria International Airport

Vancouver Island home to one of Canada’s largest private skateboard collections

Eric Pinto owns hundreds of boards, spanning multiple decades

ICBC to bring in ranking system for collision, glass repair shops

Change comes after the much-maligned auto insurer has faced criticism for sky-high premiums

‘It was just so fast’: B.C. teen recalls 150-metre fall down Oregon mountain

Surrey’s Gurbaz Singh broke his leg on Mount Hood on Dec. 30

B.C. woman crowned the fastest female marathon runner in Canadian history

Malindi Elmore ran an incredible 2:24:50 at the Houston Marathon

Alberta bulldog breeder ordered to refund B.C. buyer over puppy’s behaviour

Tribunal ruled a verbal agreement to send a new dog superseded the written contract

Most Read