“Many many studies show the pent up demand for a walkable urban development,” explains Christopher Leinberger of Brookings Institution in Washington, D.C. “The market is willing to pay 40 percent more upwards to three times as much for a walkable urban place.”
How important is it for you to live in a walkable community? Have you made a recent move or purchased property based on the parks, trails, and types of facilities in walking distance from your home?
Source: Healthy You Now
May 29, 2013
http://healthyyounow.com/home/2013/05/walk-wednesday-the-economics-of-walkability/