Everyone has been talking about walkscore lately. The Walkscore website, with scores ranging from 0 (least walkable... you use a car all the time) to 100 - (a Walkers Paradise) measures the score of your home. Downtown Denver condo and loft residents enjoy the greatest walkscore which we spoke about in terms of quality of life. The ability to walk to restaurants, shops, sporting events, the theater, and more. A new study discussed on the walkscore site looks at how the benefit of your downtown condo or loft walkscore translates into financial value.
CEOs for Cities just released a study based on data from Walk Score and ZipRealty that shows one point of Walk Score is worth as much as $3,000 depending on the metro area. Read the study.
Here is a quote from their study...
More than just a pleasant amenity, the walkability of cities translates directly into increases in home values. Homes located in more walkable neighborhoods—those with a mix of common daily shopping and social destinations within a short distance—command a price premium over otherwise similar homes in less walkable areas. Houses with the above-average levels of walkability command a premium of about $4,000 to $34,000 over houses with just average levels of walkability in the typical metropolitan areas studied.
Which made us want to look at the WalkScore of a few downtown buildings to see how their WalkScore fared (As of Monday, August 23rd at 10:45 am)
- SPIRE - 100 out of 100
- Museum Residences - 98 out of 100
- Pinnacle - 94 out of 100
- Ice house Lofts - 92 out of 100
- ONE Lincoln - 89 out of 100
- Glass House - 88 out of 100
- 100 Park Avenue - 88 out of 100
- Zi Lofts - 88 out of 100
- Watermark - 85 out of 100
- Ball Park Lofts - 84 out of 100
- Flour Mill Lofts - 74 out of 100
- Ajax Lofts - 71 out of 100
We sure love the walkable benefits of Denver. To learn more about which Denver condos are the most walkable or to take a tour of any of these Downtown Denver condo and loft residences contact New Era Realty at at 303.991.9878 or 800.392.1950. And please don't miss out on taking a tour with us of SPIRE, the 100 out of 100 walkable paradise located in the heart of the Theater District in Downtown Denver. Newly completed this year this building has been a favorite of our clients and we love sharing our knowledge on this beautiful 42 story tower downtown.