flexiblefullpage - default
Currently Reading

Walkable Neighborhoods Good for Health and Wallet

Advertisement
billboard - default
Market Data + Trends

Walkable Neighborhoods Good for Health and Wallet


October 10, 2017
walkable neighborhood has health benefits
Photo: Pixabay

When looking for a new house, homebuyers are increasingly targeting walkable areas. Being physically active, spending less on public and personal transportation, and cultivating a sense of community are valued qualities offered by walkable neighborhoods. As millennials, focused on community engagement, enter the housing market, such traits are further prized. 

Cities and towns are incentivized to have a high walkability score. Walk Score, a service that calculates a community's walkability, has shown that a home's walkability points can increase its property value by $500 to $3,000, The Washington Post reports. 

A neighborhood’s walkability is the degree to which it has safe, designated areas for people to walk or bike to work, dining, shopping and entertainment venues. Walkable communities are often touted as being easier to get around and fostering a greater sense of community. A one-mile walk through a compact, walkable neighborhood takes residents past numerous businesses and shops. Comparatively, residents in sprawling, suburban neighborhoods would pass very few shops on a one-mile walk.

Read more

Advertisement
leaderboard2 - default

Related Stories

NAHB

NAHB CEO and President Jim Tobin's 2024 Housing Outlook

From affordability to homebuyer trends, Tobin offer insights into the future of the housing market

Market Data + Trends

What's in Store for the National Housing Market in 2024

According to the 2024 National Housing Market Outlook report released on Wednesday by Bright MLS, affordability will remain the biggest challenge

Financing

Mortgage Rates Continue Third Week of Downward Trend

Thanks to the continued drop in mortgage rates, mortgage applications are up, reaching their highest weekly pace in five weeks

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Get your sales and marketing teams together to create and deliver a consistent brand message from start to finish

Pundits may not agree on the timing nor the severity of the next economic downturn, but one thing’s certain: these 10 essential tactics will boost your business' efficiency, productivity, and profit

A closer look at what’s propelling the adoption of off-site construction methods in home building

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.