If you ask a Midwoodite what they like about their neighborhood, you usually hear the same thing -”You can Walk”, Walk, Walk Walk! To just about everything you need to get to.” So they weren’t surprised see the NY Times write about “walkability”.
Tippah Park's Scores!
“A study published in August by C.E.O.’s for Cities, a group of urban redevelopment advocates, found that in many ways, the street corner beats the cul de sac. It looked at the sales of 90,000 homes in 15 markets to estimate how much value was associated with something called the Walk Score. Using a 100-point scale, this score rates the number of destinations, including libraries, parks and coffee shops, within walking distance of a home.
The scores for America’s 40 largest cities can be found at Walkscore.com by typing in an address. For instance, the White House scores a near-perfect 97: a “walker’s paradise,” the Web site says. Another famous home, the Playboy mansion in Los Angeles, rates a 25. (You can get lost in Walkscore.com for hours; the “Brady Bunch” house, the exemplar of 1970s suburban life, scores an above-average 75.)
The study found that houses with above-average Walk Scores commanded a premium. It was as much as $30,000 in cities like Charlotte, N.C., Chicago,Sacramento and San Francisco, wrote Joe Cortright, the study’s author and an economist at Impresa, a consulting firm in Portland, Ore.”….. (read the complete story here)
Tippah Park’s Walkscore is a “very walkable” 78 !
