Real estate blog entries tagged with walkability by Melissa Loughridge Savenko (RE/MAX Commonwealth)

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Home : Blogs : Melissa Loughridge Savenko : Richmond, Virginia Real Estate - Melissa Savenko's Blog : Tag "walkability"

walkability: Walkability = Higher Home Values - 09/14/09 09:04 AM

Here is a really interesting article from MSN Real Estate, reporting on a study that finds a higher "walkability" index translates into higher home values in 13 out of 15 metropolitan areas. The data supports what we real estate agent who represent certain City of Richmond neighborhoods have known, without being able to quantify - walkable urban neighborhoods are more and more desirable, and therefore more and more valuable.
The two exceptions to the rule: Bakersfield, California, which showed no correlation between walkability and higher property values, and Las Vegas, Nevada, which showed a NEGATIVE correlation between walkability and property values.
Really? Being within walking … (0 comments)

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Melissa Loughridge Savenko

Richmond, VA

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RE/MAX Commonwealth

Address: 509-511 N. Meadow Street, Richmond, VA, 23220

Office Phone: (804) 353-4455

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