The study found that communities with similar homes and income levels commanded higher prices if they possessed more "walkable" destinations - including restaurants, shops, libraries, schools, parks, etc. - within a one mile radius than neighborhoods lacking those amenities. The study was released this month by CEOs for Cities, a national network of urban leaders focused on creating sustainable communities.
The findings run counter to much of the current common wisdom, that holds that Americans prefer to live in semirural suburbs, far removed from downtowns.
The study found that in 13 of 15 metropolitan areas surveyed, greater "walkability" led to significant increases in property values. Communities were assigned a score from 0-100 based on how many destinations/amenities are located within a short distance, typically one-quarter mile to one mile. Communities with scores over 70 were considered neighborhoods where it was possible to get by without a car.
Even though you have to get in your car to drive certain places with some of these subdivisions the famaily enviroment it creates is very inviting to many families!
Beauty - Is it aesthetically pleasing to walk to your destination? Are there trees, public parks, public art, benches and fountains along the way?
No impassable barriers - If there are obstacles like major roadways, rivers and train tracks, can you cross them safely on foot without going far out of your way?
Safety - Is it safe to walk where you need to go? Are drivers courteous to pedestrians, and are there traffic controls (and enforcement) to ensure that they are? If there are "unsafe" areas, are there easy alternate routes to get you where you need to go? Are bike paths and walkways well-lit?
Homes for sale with these Amenities
Vermillion Homes Community
Birkdale Homes For Sale
Macaulay Homes For Sale
Peninsula Homes For Sale