{"id":44593,"date":"2009-08-08T14:52:44","date_gmt":"2009-08-08T21:52:44","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=44593"},"modified":"2020-10-06T20:03:02","modified_gmt":"2020-10-07T03:03:02","slug":"new-study-shows-one-point-of-walk-score-worth-up-to-3000","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/new-study-shows-one-point-of-walk-score-worth-up-to-3000\/","title":{"rendered":"New Study Shows One Point of Walk Score Worth Up to $3,000"},"content":{"rendered":"

Looking for a bright spot in the housing market?\u00a0 CEOs for Cities<\/a> just released a study based on data from Walk Score and ZipRealty<\/a> that shows one point of Walk Score is worth as much as $3,000 depending on the metro area.\u00a0 Read the study<\/a>.<\/p>\n

\"walking-the-walk\"<\/a><\/p>\n

Upset about your home’s value?\u00a0 <\/em>The good news is that you, your neighbors, and government can work together to make your neighborhood more walkable<\/a>\u2014and a higher Walk Score makes your home worth more.<\/p>\n

Here’s the value of one point of Walk Score by city:<\/p>\n

\"walk-table\"<\/a><\/p>\n

In 13 out of 15 metro areas, higher Walk Scores are directly linked to higher home values.\u00a0 Homes with above-average Walk Scores are worth between $4,000 – $34,000 more than similar but less walkable homes.<\/p>\n

So why do Las Vegas<\/a> and Bakersfield have lower home prices with higher Walk Scores?\u00a0 My hunch is that those sprawling cities don’t have enough walkable neighborhoods to create a price premium.\u00a0 Also, in Las Vegas residents may actually pay more to be farther away from The Strip. \u00a0On the flip side, real estate in Austin<\/a>\u00a0and\u00a0Sacramento<\/a>\u00a0is booming at least in part due to these cities’\u00a0investment in walkable infrastructure.<\/p>\n

Read the research report<\/a> and let us know what you think!<\/p>\n

Find Houses for Sale<\/strong><\/h3>\n\n\n\n\n\n\n\n
\u00a0Seattle Houses for Sale<\/a><\/td>\n\u00a0Portland Houses for Sale<\/a><\/td>\n<\/tr>\n
\u00a0Los Angeles\u00a0Houses for Sale<\/a><\/td>\n\u00a0San Diego\u00a0Houses for Sale<\/a><\/td>\n<\/tr>\n
\u00a0Dallas\u00a0Houses for Sale<\/a><\/td>\n\u00a0Denver\u00a0Houses for Sale<\/a><\/td>\n<\/tr>\n
\u00a0Boston\u00a0Houses for Sale<\/a><\/td>\n\u00a0Chicago\u00a0Houses for Sale<\/a><\/td>\n<\/tr>\n
\u00a0San Francisco\u00a0Houses for Sale<\/a><\/td>\n\u00a0Washington DC\u00a0Houses for Sale<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Looking for a bright spot in the housing market?\u00a0 CEOs for Cities just released a study based on data from Walk Score and ZipRealty that shows one point of Walk Score is worth as much as $3,000 depending on the metro area.\u00a0 Read the study. Upset about your home’s value?\u00a0 The good news is that […]<\/p>\n","protected":false},"author":13230,"featured_media":44549,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[45,47],"tags":[],"coauthors":[],"class_list":["post-44593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regional-trends","category-walk-score"],"acf":[],"yoast_head":"\nNew Study Shows One Point of Walk Score Worth Up to $3,000 - Redfin Real Estate News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/new-study-shows-one-point-of-walk-score-worth-up-to-3000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Study Shows One Point of Walk Score Worth Up to $3,000\" \/>\n<meta property=\"og:description\" content=\"Looking for a bright spot in the housing market?\u00a0 CEOs for Cities just released a study based on data from Walk Score and ZipRealty that shows one point of Walk Score is worth as much as $3,000 depending on the metro area.\u00a0 Read the study. 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