Given that numerous studies have shown the social and health benefits of walking, it makes sense for walkable locations to be more desirable. One way of measuring a location’s walkability is by its Walk Score, a numerical value generated by a website of the same name. Walk Score uses a rating system from 0 to 100 where higher scores denote a more walkable location. This study generates a hedonic pricing model for houses in Asheville with Walk Score as a potential factor. The major finding of this study is the impact that walkability, as interpreted through Walk Score, has on property values in Asheville.
