Assessing Benefits of Neighborhood Walkability to Single-Family Property Values: A Spatial Hedonic Study in Austin, Texas
Journal of Planning Education and Research, 35(4): 471-488, 2015
By: Association of Collegiate Schools of Planning, Chanam Lee, Kenneth Joh
https://tinyurl.com/y6qtt46l
Report a broken linkBenefits of Compact, Mixed Use Development
This article measures the impact of walkability on single-family property values in Austin, Texas. Walkability is measured using the Street Smart Walk Score (SSWS) and sidewalk density (SWD), understood to be impacted by factors like neighborhood safety and pedestrian collision rate. The authors conclude that neighborhoods should improve walkability to increase home values, and therefore tax revenue, in the long term.