Having checked the current cost of a dropped kerb it equates to nearly 40 years of permit charges. Having a permit to park a car entitles the user to a stretch of public highway effectively denying its use to others.
if more people parked within the boundaries of their properties the streetscape would be improved.

As for any increase in property value, the right to resident parking also carries a significant value add. However for some who wish to live in a home with security and convenience, property values are immaterial.