As a society, we're still designing developments with cars in mind, but the premiums people are willing to pay to live in walkable areas shows the demand for car-driven development is diminishing.
Redfin recently found that across 14 metros, each Walk Score point raises property prices $3,250 on average.
Atlanta shows the greatest per-point premiums on median prices. But the biggest premiums are in cities where prices and walkability are highest according to the Walk Score ranking. Increasing a neighborhood's Walk Score from 19 to 20 points (a low ranking) generates only $181 on average. But increasing it from 79 to 80 points commands a price increase of more than $7,000.
In San Francisco, which has a citywide score of 85.7 (making it "very walkable"), moving from a neighborhood with a score of 60 to a neighborhood with an 80 score implies a premium of $188,000. In Washington, D.C., the same move would cost $133,000
The trend doesn't stay the same for top-end luxury, though. The top 5% of homes saw the Walk Score's influence on price dwindle as many buyers will to shell out a high amount also want more space, which commonly forces them into the suburbs or country.