Browsing Category sideblog

Bike Paths Increase Property Values?

Proximity to transit may increase property values . (From 2005 ) Walkability increases property values and livability . And now, studies have shown that real estate property values increase with proximity to bicycle paths. People enjoy living close to bike paths and are willing to pay more for an otherwise comparable house to be closer to one . (h/t BHG ) In short, proximity to functional, viable, affordable, multi-modal infrastructure increases property values.

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Stupid.

I can’t think of any other way to say it, especially when it’s been said this succinctly: New Home Sprinkler Requirement Improves Safety .19% . … Beginning in January 2011, a change to the International Residential Code (IRC) aims to reduce that number by making fire sprinklers mandatory in all new single-family residences. Sounds good, but home-building lobbies from Texas to Georgia have defied what they call an impractical, expensive mandate, convincing legislators to pass bills overriding the requirement. … The fire survival rate in homes with working smoke detectors is 99.41 percent, according to the NFPA.

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