A new national study shows that houses in walkable neighborhoods tend to be worth more than similar homes in less walkable neighborhoods.  The walkability of a home’s location can boost values by anywhere from $4,000 to $34,000. Of all cities studied, Charlotte is the closest to Kansas City in terms of population and median home values.  In that city, the walkability of a neighborhood increased home values by as much as 12 percent.

This data reinforces the argument that in times of fluctuating transportation costs and economic challenges, the market responds by valuing housing where residents have multiple transportation options.

CEOs for Cities: New Study Shows More Walkable Homes Are Worth More.

Download the full report (PDF).