Davie Weidner, managing editor for Trulia's Housing Economics Research team, writes that new stadiums built in the last decade, by and large, have failed to lift the fortunes of homes in nearby areas.
He notes that proximity to NFL stadiums is a plus, but that they don't automatically add a premium to property values if they're built in the neighborhood. Weidner writes:
The impact of NFL stadiums on surrounding areas is a timely issue given that the Super Bowl will be played Feb. 7 in the new Levi’s Stadium – a venue sought after in the Bay Area and eventually built in Santa Clara, Calif., – and the protracted fight over the league’s return to Los Angeles after a 20-year absence. Last week, NFL owners voted 30-2 to return the Rams franchise to the Los Angeles area,