Downtowns

Can Walk Score Improve the Value of Your Home?

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We previously reported that Belmont has the best “Walk Score” in Gaston County, (10/29/07), here is another take on the impact of sidewalks and walkable community values from Realty Times:

Just imagine, your real estate agent is showing you a print out from the Multiple Listing Service of a home you might want to buy. On the sheet is something you’ve never seen before.

“Our hope would be that eventually it’s something that is in the MLS, where it says ‘Two bedroom, two bathroom, 1,000 square feet, Walk Score of: 80,'” says Matt Lerner, co-developer of a website called Walk Score.

While the MLS doesn’t yet offer this feature, creating a Walk Score for a particular property is a concept that Lerner and a couple of other technology colleagues (Jesse Kocher and Mike Mathieu) developed after realizing that how walkable an area is, rates high for consumers.

“We got interested in the benefits of walkable neighborhoods partially due to a nonprofit in Seattle called the Sightline Institute which had done so much writing on all the benefits of walking,” says Lerner.

Lerner says some of the benefits were obvious, such as walking is good exercise and helps to reduce environmental pollution.

“But then there were some non-obvious benefits, such as walking is really good for communities because you’re out in your neighborhood, you’re talking to people, you’re meeting people. Walkable neighborhoods are also good for local businesses because, rather than driving to one place, you can stop and walk around and look at all the little stores. So it’s a good way to support local businesses and local culture too,” says Lerner.

So the developers set out to create a website that measures the walking score for home locations. Walk Score.com launched in the summer and in just four weeks got one million visitors wanting to know a property’s Walk Score. Using Google Maps and business listings, the site computes a Walk Score for any address in the United States and Canada. It bases the points assigned on the distance to local amenities and then averages the score. Then for the fun of it, visitors can compare their scores to that of famous locations and people such as Bill Gate’s house, Fenway Park or Jennifer Anniston and Brad Pitt’s (pre-divorce) home.

Lerner says that since the site launched they have received lots of emails from users saying that walkability is the number one priority they focus on when buying a house.

“I know in Seattle, for example, a lot of people work at Microsoft, which is in Redmond, so they commute to work but, for where they live, especially if they have kids or a family, having things they can walk to is really important and then for younger folks being able to walk to a bar or a coffee shop is important. Walk Score is a really simple way to see what’s in the neighborhood near the property you’re looking at,” says Lerner.

However, Walk Score doesn’t take into account things such as lakes or other roadblocks that might force someone to take a different route to get to the destination.

“What Walk Score does is fairly simple. We measure whether you can get to the types of businesses that consumers want and then we base a score on that,” says Lerner.

Lerner says creative real estate agents and homeowners are using it to help sell homes.

“One of the really fun things on the Internet has been that people are comparing their scores and bragging about them. A big, new condo in Seattle put up a huge Walk Score banner on the front that said Walk Score 100 and they used that banner as a marketing tool because they think that, for urban condos, walkability is one of the selling points,” says Lerner.

Buyers are using Walk Score to help determine which house better suits their needs.

“We’re seeing people actually comparing different properties and if a place gets a low Walk Score, someone can say, ‘Oh, wow I didn’t realize I couldn’t actually walk to the grocery store if I bought this house but if I buy this other one, I can walk to all these amenities,'” says Lerner.

Lerner says real estate agents see Walk Score as another way to help sell a property and, “in a down-real-estate market you need all the selling points you can get.”

Ahh, Canvassing – The Best Part of Local Politics

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The best and most intimate form of political work is the old-fashioned, door-to-door, canvassing for votes.

Kudos to Belmont City Council candidate, Richard Turner for recognizing and putting out his platform in the door-to-door format.

 Turner’s Platform: richard-turner-platform.pdf

Irl Dixon’s format is to mail something to everyone. Of course, it helps that his office is located on the corner of Myrtle/McLeod and Main Street (Coldwell Banker Realty office). He has a chance to talk to everyone who walks by him. Irl also has a record to run on for this election.

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Irl Dixon’s flyer: irl-dixon-mailing.pdf

Our editorial board has not agreed on any endorsement at this point. We will be meeting on Saturday evening for our annual Endorsement Dinner Party and will report the results on Sunday night.

To fill in the newbies to our blogsite, the Endorsement Dinner Party is an unpretentious (ok, just a bit pretentious), intimate gathering of the BFP Editiorial board and their significant others for great food, libation, and humorous discussion (We often have these dinners, this just happens to be prior to this election).

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Yeah, Right

It is more like this:

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This year’s Endorsement Dinner will be to discuss the candidates, and try to achieve a concensus on who to recommend to our friends and neighbors.

Coffee Break

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Ahh, yes, about half of the editiorial board are not that all knowledgeable about coffee. We all know that we like it.

In Belmont, Nichols, Caravan, White’s, Jerry’s, Shirley’s, McDonald’s, and Hardees are good places for a cup or two, and conversation.

The Belmont Police hang out at Nichols. A lot of business people catch up and read papers early in the AM at McDonald’s, moms and preschool-age kids seem to have playdates there as well. People on the go, and those who have a bit less to do in the AM wander into Caravan. The high school students cruise through Jerry’s; and White’s, Hardees, and Shirley’s seem to have the senior crowd pretty much wrapped up.

You have seen us hanging out at Caravan, McDonald’s, and White’s just in the past few days.

We sure do like our coffee – even the plain old “large cup” kind…

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