With more buyers retiring and downsizing, they’re a big part of the market today. They’re looking for homes they can age into, and walkability factors big in their plans for aging gracefully in their homes, but not necessarily in their cars. Millennials are also seeking walkability as a part of a smaller carbon footprint and lower driving costs. Young families love walkable neighborhoods, too! If your home is located in a walkable community, or you have the chance to influence neighborhood decisions toward better walkability, your home may increase in value! Walkability Brings Higher Offers!
Buyers Will Spend More for Walkability
If your house is in a walkable community, it just may be a terrific selling point to play up in your property’s marketing.
Increasingly, buyers are looking for things like shorter commute times, walkability, and access to parks, according to the 2017 National Community and Transportation Preference Survey (http://bit.ly/2F5MnZb).
It also found that people who have places to walk are more satisfied with the quality of life in their community.
What’s better is that buyers will pay more for walkability.
