On The Market

210: Why More Investors Are Building Wealth with "Walkable" Properties w/Jeff Speck

Apr 22, 2024

City planner and writer Jeff Speck discusses the importance of walkability in property values and urban planning. He highlights the four components of walkability and how it can lead to higher home appreciation and rents. By focusing on smart city planning, investors can spot properties with potential for growth and value.

42:17

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Episode guests

Jeff Speck

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Quick takeaways

Urban design impacts property values greatly, emphasizing walkability, transit access, green spaces, and building height.

Investing in walkable areas yields higher returns, with properties outperforming by up to 300% and offering economic resilience.

Deep dives

The Influence of Urban Design on Property Values

Urban design plays a crucial role in shaping property values, yet it is often overlooked. Elements like transit availability, walkability, trees, and building height significantly impact property values and local economies. Jeff Speck, an urban planning expert, highlights how enhancing urban design can influence housing affordability, offering valuable insights for investors.

Introduction

2min

Economic Impact of Walkable Properties

5min

Mismatch between Market Supply and Demand for Walkable Places

2min

The Rise of Walkable and Mixed-Use Developments in Real Estate

10min

Strategies for Creating Walkable Cities and Affordable Housing

3min

Exploring Upzoning and Neighborhood Opposition to Increased Density

2min

Exploring Post-Pandemic Urban Trends and Impacts

4min

Urban Revitalization Through Office Building Conversions

4min

Promoting Walkability and Investor Opportunity in Cities

4min

Over the past few years, you’ve probably heard the term “walkability” thrown out. For those who have lived in big cities, this is a common factor to use when deciding where to live or work. If you can catch a quick bus or walk to the office, the grocery store, restaurants, or a movie theater, there’s a fair chance you’ll pay more for where you live. But, most real estate investors aren’t thinking about this, and their ignorance could cost them.

Jeff Speck, city planner and writer, is on the show to discuss how walkability, smart urban planning, and intentional property design can help you make much more money while improving the lives of your tenants and neighbors. Jeff has seen time and time again how smart urban planning leads to higher home appreciation and rents and a safer, happier community. The problem? Most of us are stuck in car-reliant American suburbs with little walkability and lacking public transportation.

After hearing this episode, you’ll easily be able to spot the properties that will grow faster in value due to smart city planning. So, before you go out and buy your next property, make sure it aligns with Jeff’s four components of walkability because if it does, you could have a valuable property on your hands that most other investors won’t even notice!

In This Episode We Cover:

Walkability explained and why this is such a crucial factor in home and rent prices

The four components of walkability and how to ensure your property fits

The huge portion of Americans who want walkable properties and communities

Mixed-use development and why Americans want more than big yards and big houses

Urban design trends to pay attention to that could change the real estate landscape

How to get your city leaders to take the steps to building more walkable communities

And So Much More!

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