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 Real Estate Blog 
Wednesday, April 06 2011

Americans favor walkable, mixed-use neighborhoods, with 56% of respondents preferring smart growth neighborhoods over neighborhoods that require more driving between home, work, and recreation. That’s according to a recent study, the Community Preference Survey, by the NATIONAL ASSOCIATION OF REALTORS®.

Walkable communities are defined as those where shops, restaurants, and local businesses are within walking distance from homes. According to the survey, when considering a home purchase:

  • 77% of respondents said they’d look for neighborhoods with abundant sidewalks and other pedestrian-friendly features.

Many are willing to sacrifice square footage for less driving:

  • 80% of those surveyed would prefer to live in a single-family, detached home as long as it didn’t require a longer commute.
  • 59%—nearly three out of five of those surveyed—would choose a smaller home if it meant a commute time of 20 minutes or less.

Community characteristics are very important to most people:

  • 88% of respondents placed more value on the quality of the neighborhood than the size of the home.
  • 77% of those surveyed want communities with high-quality schools.

The survey of 2,071 adult Americans was conducted by Belden, Russonello and Stewart from February 15-24, 2011. 

Source: NAR



Read more: http://www.houselogic.com/news/articles/americans-prefer-smart-growth-communities/#ixzz1IZuwYnj7
Posted by: Rolando Trentini AT 08:00 am   |  Permalink   |  0 Comments  |  Email
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The Trentini Team
F.C. Tucker EMGE REALTORS®
7820 Eagle Crest Bvd., Suite 200
Evansville, IN 47715
Office: (812) 479-0801
Cell: (812) 499-9234
Email: Rolando@RolandoTrentini.com


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