What’s a Walk Score and why should you care?
Walk Score is a number between 0 and 100 that measures the walkability of any address. It awards points based on the distance to the closet amenity in a number of categories. The company was founded over 10 years ago with the belief that “walkability offers significant benefits to our health, the environment, our finances and our communities”.
Here is the rating scale:
Daily errands do not require a car
Most errands can be accomplished on foot
Some errands can be accomplished on foot
Most errands require a car
Almost all errands require a car
Your Condo’s Value
We all want to ensure our home stays in top shape for ourselves, and for the day when we might be considering selling. Walkability has been proven to add value to a home. One study of sales prices and Walk Score ratings of more than one million homes sold between January 2014 and April 2016 was conducted by Redfin, a large real estate brokerage in the U.S. It showed that one Walk Score point can increase the price of a home by an average of $3,250 or 0.9%.
Health & Environment
While most of us know that walking is good for us, it has been documented by the American Journal of Medicine in its study of Walkability and Body Mass Index. The results clearly show that increasing levels of walkability decrease the risks of excess weight.
Walkability is also an excellent way to contribute to the health of the environment. The ability to walk to work or to get your groceries, to visit a restaurant or a local park translates into less emissions into the atmosphere. A high Walk Score gives you the opportunity to go from two cars to one; or even to ditch the car completely and use your bike, transit or a service such as CarShare Atlantic. One less car means more money in your pocket.
Check out your score
If you would like to check out the score of where you live, simply go to walkscore.com and type in your address. The Eaton’s Centre / Church-Yonge corridor in Toronto has a walk score of 100! Halifax overall has a score of 88 – making it Very Walkable.
And Q Lofts is rated at 93 – A Walker’s Paradise. Nice!