There’s a growing appreciation of walkable neighbourhoods – those vibrant urban enclaves where daily necessities and leisure activities are within strolling distance. This shift reflects a desire for a more connected, active and sustainable lifestyle with benefits ranging from improved health and well-being to reduced environmental impact.
A walkable neighbourhood is characterised by its pedestrian-friendly design, and amenities such as shops, restaurants, parks, and public transport located within walking distance.
One of the most significant advantages of living in a walkable neighbourhood is the positive impact on health and well-being.
Walking is a low-impact exercise that offers numerous physical and mental health benefits. It can reduce the risk of chronic diseases, improve cardiovascular health, boost mood and reduce stress.
Homes in these styles of neighbourhood are highly sought-after, and will command a premium price when the time comes to sell.
And no matter what type of buyer you are – upsizer, downsizer, first-time buyer or investor – you’ll always find that properties in walkable neighbourhoods will be great investments.
Here’s why buyers will pay a premium:
Environmental Benefits: Walkable neighbourhoods often feature green spaces and pedestrian-friendly infrastructure, further enhancing environmental benefits.
Community and Connection: These areas foster a strong sense of community and connection. When people walk, they encounter their neighbours, local businesses, and community events.
Economic Advantages: Businesses in walkable areas benefit from increased foot traffic and visibility, while residents enjoy the convenience.
Choosing the Right Neighbourhood: Consider factors such as the proximity of amenities, the quality of public transport, the presence of green spaces and the overall safety and walkability of the area.
Healthy Choices: Living in a walkable neighbourhood encourages a more active and engaged lifestyle.