What is the value of a Greenway?

Bikes on a deck in Charlottesville

What is the value of a green way to a buyer in today’s market?

Had an interesting conversation this morning in the Crozet Mudhouse with someone who was noting that the attitude shift toward greenways has shifted significantly in the past 10 years or so.

It used to be that real estate agents and developers and even buyers placed little to no value in having access to a means of passage that was not centered around an automobile.

Today, that attitude has shifted 180°.

Access to bike paths or suitable walking trails (for strollers) is an enormous asset. through my admittedly myopic view as seen through the eyes of my buyer clients who are seeking such access and proximity, and through the eyes of my seller clients who are advocating for the benefits of such access, I would say that the world has shifted in this respect.

In the Charlottesville Albemarle area my view is that the City of Charlottesville is fairly well poised to design and build more greenways and bike paths (hint: West Main). The County of Albemarle needs more will and more money. And they both need to work together to have the respective systems work together.

Worth noting is that the departments within the respective localities are filled with remarkable people doing remarkable work.

The market wants these things.

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About Jim Duncan

Father, husband, Charlottesville real estate agent, bicycle rider & soccer coach. And more. Lots more.
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  • http://www.bankforeclosuressale.com/ Simon Campbell

    Americans are finally realizing that staying active has far reaching health benefits and lowers the overall cost of healthcare. There are also the psychological benefits. A run after work is a great way to shake off a bad day. I hope more and more communities see the benefit and work to make them a part of our life.