Walk Score Improves Your Home Value

An interesting corollary to the last post is that there is now evidence that homes with a greater range of services in walking distance fetch higher prices.


7 responses to “Walk Score Improves Your Home Value”

  1. The second line of the following paragraph from the original report is disturbing.

    A second study looked at neighborhood level characteristics in the suburbs of Portland, Oregon, constructing measures for census block groups of median distance of each single family home to the nearest commercial land use. This study found a positive effect of proximity to commercial land uses but a negative effect for proximity to bus stops (Song & Knaap, 2003).

  2. Having been a neighborhood transportation chair for the better part of a decade, that doesn’t surprise me. The closest I’ve ever come to being lynched was trying to move bus lines onto residential streets. People object to the noise, vibration and smell.

    Not that I didn’t try anyway, but it’s very hard.

  3. Chris,
    was that when we tried to get more bus service on Thurman passed Food Front? Damn, but those folks screamed. Anyone who says it is easy to move bus lines (unlike Streetcar lines) has never tried.

  4. I kinda suspect that the negative correlation of home value to bus stop closeness might have something to do with the fact that single-family homes on busy streets, as opposed to homes on residential streets with less traffic, are often seen as less desirable. In other words, it ain’t the bus–it’s the streets that busses run on.

  5. was that when we tried to get more bus service on Thurman passed Food Front?

    I was wondering if that’s why the newer buses seem to run the Thurman leg of the 15, and the older buses typically seem to run the Vaughn leg. Anyone know if this is the case, or if it’s just a perception thing?

Leave a Reply

Your email address will not be published. Required fields are marked *