Moving Level Crossing Undergound, how much price affect?

Was having a conversation, I was saying moving level crossing underground doesn't really affect that much in price (for the houses near it) whereas my colleague reckons it does (up to $50K he says). Apart from the noise factor, I can't see any benefit from moving level crossing underground for houses that are parallel to the train tracks?

I would say price increases would be near zero, at best $20K??
 
Was having a conversation, I was saying moving level crossing underground doesn't really affect that much in price (for the houses near it) whereas my colleague reckons it does (up to $50K he says). Apart from the noise factor, I can't see any benefit from moving level crossing underground for houses that are parallel to the train tracks?

I would say price increases would be near zero, at best $20K??

Quieter + less congested roads = moderate improvement price improvement?
 
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