According to a study by Victor Matheson, an economist from Holy Cross, stadiums usually only boost property values within a half-mile of the venue.

Do NFL stadiums increase property values?

NFL teams approved for relocation increased the median property value of surrounding neighborhoods on average by 4.9% above the national average.

Is a stadium a good investment?

Building a stadium is good for the local economy only if a stadium is the most productive way to make capital investments and use its workers.