As we always like to scan the news for the latest and greatest trends in the real estate business, we duly noted a piece that ran in the West Side Leader (Akron, Ohio) which quoted some interesting facts from the National Association of Realtors’ 2015 National Community & Transportation Preference Survey.
It appears when Americans think of their dream neighborhood, they often think of a mixed-use, walkable community. According to the referenced survey, millennials, those aged 18 to 34, prefer walking as a method of transportation by 12 percentage points over driving.
Younger buyers, so it seems, are now looking for communities where they can walk to a restaurant and don’t have to drive to the grocery store.
Based on the survey, women of all generations are more likely than men to show a preference for walkability, with 61 percent saying that the availability of sidewalks in a community with stores and restaurants to walk to is very important to them.
Furthermore, 48 percent of all respondents answered they would prefer to live in communities containing houses with small yards but within easy walking distance of the community’s amenities rather than living in communities with houses that have large yards but are driving distance to all amenities.
Of course, we say one has to be comfortable in life. And, if that means putting on your walking shoes versus starting the car, then go for it. There’s always something to be said for convenience!