I will say our public transit is not the best and that's due to voting patterns and racism /  myths about crime.

So yes, real estate "value" will increase, perpetually, forever, in a inclining cyclical wave pattern. 

I could have easily sprayed texture on it with the texture gun to match the knock down pattern that is in place on the rest of the wall.

One thing I can tell you after having gone to both law school and Accounting school is that if you get five different attorneys or CPAs in a room and present them with the same fact pattern,  you will never get the exact answer from any two of them as they were all be somewhat different and the same isn't applicable to to IRS auditors.  

There have definitely been patterns, city and area-wise, and I've learned a lot so far and plan on doing a lot of research.

You can see patterns emerge.