Why Walkability Makes a Difference
I don't know about you but walkability in my home environment certainly makes a difference. There is a return to a "continental lifestyle". European cities such as Amsterdam have embraced this lifestyle with city squares and plazas for people-friendly ambience.
Americans are now also enjoying this same lifestyle. They are increasingly valuing neighborhood walkability, especially when making decisions about real estate. Today's buyers are willing to pay more for this privilege. Research from the Institute for Luxury Home Marketing, confirms a single point difference in walkability score can represent a value difference of $3250. The importance of having their favorite destinations nearby include dog parks, restaurants, golf courses, entertainment and culture.
Certainly something to consider when thinking about your next real estate decision!
Leave a Reply.