Study Finds Connection Between Neighborhood Walkability and Home Values

By Erica Christoffer, Contributing Editor, REALTOR® Magazine

A recent study released by CEOs for Cities shows homes located in walking-friendly neighborhoods–with nearby amenities such as parks, schools, libraries, restaurants, and coffee shops­–sell at higher prices than homes in less walkable neighborhoods.

The data, provided by ZipRealty, was compiled from 94,000 real estate transactions in 15 U.S. markets. Read more