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You are here: Home / Real Estate / The Value of Walkability

The Value of Walkability

March 14, 2016 By Geoffrey Disch Leave a Comment

“Walkable mixed-use neighborhood” is a key buzzword these days amongst young professionals as they have come to highly value being close to areas of entertainment, public transportation, and job centers – without having to rely on a car.

Want proof? Neighborhoods with a high walkability factor retain and increase their value even in difficult real estate markets. Walkable neighborhoods with a wide mix of uses was preferred by 60 percent of respondents in a recent NAR Community Preference Survey.

And where the young professionals go, jobs follow.

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Filed Under: Real Estate Tagged With: mixed use neighborhoods

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