Walkable communities offer unexpected health benefits for residents and the environment.
Reports show residents living in walkable communities are healthier and weigh less than residents who live in a sprawling, non-walkable neighborhood. The environment also benefits.
According to the U.S. Energy Information Administration, 77 percent of carbon-dioxide emissions are from the combustion of fossil fuels for energy. more walking means less driving, and therefore, fewer carbon dioxide emissions.
Walking instead of driving is also good for your checkbook. Vehicles are the second-largest household expense in the nation, making walkable communities a very desirable housing option.
Identifying preferences for the type of home and neighborhood to live in is typically among the first things potential homebuyers investigate. Debating between the conveniences of a short commute versus the spaciousness of suburban living can be challenging when deciding the right home.
In the home-buying process, understanding the preferred characteristics of a neighborhood can be as important as those of a home. Whether it’s a suburban single-family home with more schooling options for children or a townhouse in the city with better access to public transit, real estate agents can help homebuyers identify the communities that best serve their preferences and needs.
A survey conducted last year by the National Association of Realtors polled adults from across the U.S. about their preferences in terms of community. The survey showed young buyers continue to view their dream neighborhood as a walkable, mixed-use community.
In fact, according to the survey, six out of 10 millennials prefer walkable communities and short commutes, even if it means not living in a larger home with space to stretch their legs.
It’s not surprising younger buyers prefer the convenience of a neighborhood close to work and enjoy living near amenities like restaurants and stores. Real estate professionals continue to see a trend in millennials moving to areas where they are not in bumper-to-bumper traffic and can travel around during their free time with little stress.
But it’s not just millennials. Members of the “silent generation” — those born before 1944 — also prefer smaller homes in walkable neighborhoods.
Gen-Xers and baby boomers show a preference toward suburban living, with 55 percent of both groups saying they are comfortable with a longer commute or driving to shops and restaurants, even if it means living in a single-family, detached home.
Homebuyers with children tend to shift their priorities when their kids get older. According to the report, six out of 10 millennials with school-aged children characterize the ideal neighborhood as more of a conventional suburban area with homes containing more square feet and larger backyards.
As ever-changing preferences distinguish where consumers want to live, real estate agents provide insight on local market conditions and amenities for every generation to help find the most suitable and desirable home.
The city of Round Rock has been diligently working to create a walkable downtown area. Over the past five years, the city has added sidewalks, redirected roads and street traffic to make parts of downtown more walkable.
You can now walk all the way from the Round Rock Serving Center east of downtown to the Baca Center. While exploring this walkable area of town, take some time to enjoy the numerous businesses, retail and restaurants that are making the city so popular.
And always feel free to visit the Williamson County Association of Realtors website, wclife.org, or speak with a real estate agent for information and advice about buying or selling a home in 2018.
Victoria Reviel-2018 President Williamson County Association of REALTORS®
READ MORE HERE: http://www.statesman.com/news/local/reviel-millenials-silent-generation-prefer-walkable-communities/UWlwyGUG7UNESW4y00R05O/