19
Feb
12

one more comment on the importance of location…

Here’s a neat site that rates your location based on how “walkable” it is.

http://www.walkscore.com/

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This is from the site:

Walkable neighborhoods offer surprising benefits to the environment, our health, our finances, and our communities.

Environment: Cars are a leading cause of climate change. Your feet are zero-pollution transportation machines.

Health: The average resident of a walkable neighborhood weighs 6-10 pounds less than someone who lives in a sprawling neighbourhood.

Finances: One point of Walk Score is worth up to $3,000 of value for your property.

Communities: Studies show that for every 10 minutes a person spends in a daily car commute, time spent in community activities falls by 10%

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Just put in the address and see what the ‘walk score’ is.  It will also tell you what restaurants, parks, shopping, entertainment (and more) are around the property.  By knowing this, you can see what amenities the property offers prospective tenants, and from this, you can gauge how ‘rentable’ your potential property will be.


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