Walkability and Home Values
We've studied walkability, home values, and how one simple metric—Walk Score—can make or break a neighborhood’s real estate game. Here’s what we’ve learned:
1 point in Walk Score = up to $3,000 in home value.
Sounds wild, right? But the data backs it up.
Here's why walkability matters more than you think:
🚶 Convenience wins. Live near shops, restaurants, and parks? That’s instant value.
💰 Buyers will pay for it. Homes in walkable areas sell for higher prices—sometimes by tens of thousands.
🛑 Less car dependence. No more relying on Ubers or gas-guzzling commutes.
🏡 Community connection. Walkable areas aren’t just about home value—they build thriving neighborhoods.
💚 Health & environment. More steps, less stress, and lower carbon footprints.
Real numbers?
A one-point Walk Score increase can mean thousands more in home value.
In cities like Boston & Seattle, homes in walkable areas sell at a premium—sometimes by over $30,000.
Bonus: Walkability doesn’t just add $$$—it makes life easier, healthier, and just better.
So next time you’re looking at a house (or evaluating your own property), check that Walk Score.
P.S. What’s the Walk Score of your neighborhood? Let’s compare. ⬇️
Conclusion
Walkability isn’t just a buzzword—it’s a game-changer for real estate. A higher Walk Score means higher home values, thriving communities, and better quality of life. Walkable neighborhoods attract buyers, boost foot traffic for local businesses, and create vibrant, people-centric spaces.
At terra alma, we help developers, landlords, and businesses curate walkable, destination-worthy spaces that increase property value and community engagement. From strategic leasing to placemaking, we bring soul to every space—turning real estate into thriving, walkable hubs.
Looking to enhance walkability in your development? Let’s make it happen.
Fill out this form for an initial consultation!🚶♀️🏡✨