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Now Coveted: A Walkable, Convenient Place

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Leinberger describes a study he did with Mariela Alfonso for the Brookings Institution. This study shows that walkable areas of Washington D.C. metropolitan areas, including parts of Virginia and Maryland, have higher real estate values . The more the walkable area the higher the real estate price. Similiar trends are being seen in other parts of the country including Seattle, Washington. The trend is shifting in favor of areas with walkable and bikable space creating better communities.

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Now Coveted: A Walkable, Convenient Place

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Higher real estate values for areas with more walkable and bikable space.

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Now Coveted: A Walkable, Convenient Place

New York Times 05/25/2012


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