Is the appeal for types of neighborhoods in Knoxville changing? A recent study by the National Association of REALTORS shows that more and more Americans are showing a preference for walkable neighborhoods that combine a mix of homes and stores. The survey actually shows that your typical suburban neighborhood, with just homes, is the least popular.
I have to admit, the thought of being able to take a short stroll down a landscaped sidewalk, waving and possibly talking to neighbors on the way. Then stopping at a corner shop for a cup of coffee or a bite to eat does sound desirable. It almost puts you in a time machine back to the way things used to be before we traded welcoming front porches for private back patios.
Here are some interesting findings from the National Association of REALTORS®’ 2013 Community Preference Survey:
- 60% of Americans surveyed say they favor neighborhoods with a mix of houses, stores and other businesses that are easy to walk to over neighborhoods that require greater driving.
- 78% of respondents said that the neighborhood is more important to them than the size of the home.
- 57% said they would give up a home with a larger yard if they could have a shorter commute.
- 55% said they’d give up a home with a larger yard if they could live within walking distance to schools, stores, and restaurants.
With mixed use neighborhoods in Farragut and Knoxville springing up like The Cove at Turkey Creek and Northshore Town Center, we are seeing this trend slowly arriving at our doors here locally. What are your thoughts about the survey results? Do you agree with them? What are you looking for in your ideal neighborhood? Is walkability a big factor? Comment below and let us know.