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Buying a Home in Denver- What’s the Walkability?

What’s the walk- a-what? The... “Walkablity Score, as proclaimed by Walkscore.com, is an online tool to help you “Find a Walkable Place to Live”. It ranks the 40 largest cities in the US.


Location, Location, Location!
There may be no better time to pay attention to Location when it comes to your home purchase in the Denver market than right now. Walkscore.com, the website brought to you by “Front Seat”, calculates the value of any location based on the proximity of shops, restaurants, retail stores, public transportation and more.

According to a recent study “Denver showed homes within a half- mile of the light rail appreciated 17% while the overall Denver housing market fell more than 7%.” These numbers alone are staggering proof than any home buyer in the Denver area should pay very close attention to the location of their home shopping, be it a primary residence purchase or an investment purchase.

Using the tool is simple. Just go to the site and enter in the address of any location you would like to evaluate. It will show you the score of this location for various amenities and give average ratings for you to view.


Caution- Unknown Factors May Bite You!
Even though this is a great tool, don’t rely on it solely for such a decision. Obviously, this is an Internet portal based on statistical information. In any decision as big as a home purchase you want more than just raw data to guide you thought process.

What about neighborhood anomalies? What about construction, demolition or improvement projects in the works? How will these affect a homes appreciation? Make sure that along with all of the great tools out there, you also seek expert advice.

A Denver area Realtor, who works in the field day in and day out, can guide you around the unknowns.

Posted Friday Aug 27