Why Livable Communities are good?

A LIVABLE COMMUNITY .

Features housing choices that are suitable for people of all ages and life stages.Reduces automobile dependence and supports a socially vibrant public realm.Integrates land uses so people can live to or within walking distance of jobs,  community activities and the services they need. Has transportation options that enable residents to get around even if they don’t drive.

LIVABLE COMMUNITIES INCREASE PROPERTY VALUES

Homes closer to parks and open spaces have higher property values than those further away.
A Walk-score increase of one point can improve the value of a home by as much as $3,000.  Demand for compact communities consistently increases property values by more than 15 percent for office,  residential and retail use.

INCREASE ECONOMIC ACTIVITY

Bicycling has generated more than $400 million economic activity in Iowa.

LIVABLE COMMUNITIES SAVE MONEY

In Central Texas,  compact,  infill development decreased infrastructure costs by 70%  when compared to typical,  more sprawling development models,  resulting in a $7.5 billion savings.

PEOPLE WANT LIVABLE COMMUNITIES

Boomers and Millennials have similar preferences for walk-able,  mixed-use neighborhoods. They want to be near shops,  restaurants and offices .Would move into a smaller home for a shorter commute. Prefer to live where there’s a mix of homes. Want public transportation options.

LIVABLE COMMUNITIES ARE GOOD FOR PEOPLE AND BUSINESS

Higher property values,  increased economic activity and savings for communities are some of the benefits.

Source: aarp.org