An upcoming trend in home marketing is based on an old-fashioned idea: walking.
Walking is a terrific way to maintain a healthy lifestyle and according to a new study, "walkability" also contributes to increased home values.
"Walking the Walk: How Walkability Raises Housing Values in U.S. Cities" reports that homes in areas where shopping and social destinations are in walking distance command anywhere from $4,000 to $34,000 more than homes that aren't.
The study measures a neighborhood's walkability by using the Walk Score algorithm. The more consumer destinations within walking distance of the home, the high the Walk Score; Walk Scores range from 0 to 100.
Featured Property offered by Beacon Realty of Georgia - 3092 Nichols Street, Smyrna, GA 30008. Nestled in the Medlin Place subdivision, this prestigious home features "Walkability". It is located only blocks from the popular Smyrna Market Village! Check out the local attractions and the upcoming Smynra Market Village Events.