Monday, August 8, 2016

How much is walkability worth in your neighborhood?

http://www.msn.com/en-us/money/realestate/how-much-is-walkability-worth-in-your-neighborhood/ar-BBvo23F

I wish I lived in a more walkable area, see the chart below for comparing walkability scores and below info on what helps get a high score!


It’s no surprise that homes in more walkable areas tend to be more expensive, but a new study from Redfin now puts numbers to the worth of walkability: An increase of one Walk Score point bumps a home’s price by an average of $3,250 or 0.9 percent.

Amenities like parks, jobs, and eateries located within a five-minute walk make for a higher rating, but anything within a 30-minute walking distance is considered.



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