Walkability At Top of the List for SF Buyers

I was walking around the block to Duboce Park Cafe recently just after a displaying at my nearby condominium listing on 14th Street when I recalled a 2023 Nationwide Affiliation of Realtors (NAR) study on residence potential buyers and walkability. Base line? Consumers will pay out extra for a household with superior walkability.

Proximity to retail, restaurants and transit became extra of a emphasis all through Covid, but demand has only grown considering the fact that. Specially in a community-driven city like San Francisco, remaining capable to stroll to your area cafe or sushi location is frequently the purpose men and women want to reside listed here. Seventy-eight per cent of NAR’s 2,000 survey respondents said they’d shell out more for a house in a walkable neighborhood, and about half mentioned they most well-liked a walkable neighborhood and shorter commute, even if it intended residing in a condo or acquiring a lesser lawn.

Certainly, I’ve experienced several discussions at original conferences with new customer clients through which they advised me that it wouldn’t be worth living in the town if they could not wander to restaurants, retail and transit.

If you are new to San Francisco and are not common with the most walkable neighborhoods, tap your Real estate agent for that information. I frequently place jointly a record of retail spots and transit hubs that will assistance tutorial a house look for. And sites like Walk Rating can assist vet spots. For instance, my 931 14th Road listing will get a 97 Walker’s Paradise rating, along with an 89 for Great Transit. You can click on the map that accompanies the assets deal with and see what is close by, from bars, dining places and groceries to cafes and leisure.