Friday, March 22, 2013

Inner-city real estate prices 'skyrocketing' thanks to walkability

Inner-city real estate prices 'skyrocketing' thanks to walkability: "CALGARY — Proximity to amenities – an area’s accessibility – has become one of the key determinants of a residential property’s value, according to the Real Estate Investment Network.

And a neighbourhood’s ‘walkability’ to those amenities is becoming increasingly more important to potential homebuyers.

REIN says the latest research shows that there is indeed an association between a neighbourhood’s Walk Score and the value people place on real estate in that neighbourhood."

'via Blog this'

Tuesday, March 12, 2013

Inner-city rebirth has prices on the rise, but population growth hasn't kept pace | Calgary | News | Calgary Sun

Inner-city rebirth has prices on the rise, but population growth hasn't kept pace | Calgary | News | Calgary Sun: "Of those, the average price tag soared between 205% to 260%, a direct result of increased demand to settle closer to the core, said Walters.

“The reason behind it is access — access to the downtown, access to work, access to transit,” she said."

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