Walkability & Home Values

26 Jan 2010
Karen McSpadden (Winrock International) sent me this interesting study on the link between home values and "walkability" of a neighborhood. Essentially, homes located in more walkable neighborhoods--those with a mix of common daily shopping and social destinations within a short distance--command a price premium over otherwise similar homes in less walkable areas.

We have a number of quality examples here in Fayetteville. The Wilson Park and Washington-Willow neighborhoods come to mind. Cost per square foot in those areas are much higher because of their access to green space, restaurants, grocery stores, the trail system, and the University campus.

Now how nice would it be if all neighborhoods were built with this in mind?

Posted by John Coleman on Tuesday, January 26, 2010 at 1:27 PM

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Covering the game changing discussions that are taking place in the realm of sustainability. From the impact of the City of Fayetteville's decision to switch its fleet to biodiesel to Paul Stamet's research in the Pacific Northwest on how mycelia...

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