EMERYVILLE, CA, Aug. 7,
2013 – ZipRealty, Inc. (http://www.ziprealty.com) (NASDAQ: ZIPR), the nation’s most
prominent technology powered residential real estate brokerage firm and
real estate marketing solutions provider, has teamed up with Walk Score to rank the most affordable places to
live in Boston without a car.
 |
| Josh Herst |
To create the list, ZipRealty analyzed
data provided by WalkScore.com, along with ZipRealty’s knowledge of current
median home sales prices to produce a carless/affordability ratio.
The 10
highest-ranked communities have a Walk Score, Bike Score and Transit Score of
60 or higher, which means they meet or exceed the following criteria:
They are “very walkable,” have “good
transit” and are “bikeable,” according to Walk Score. Most of the Boston communities reviewed
in this study, however, have “excellent transit” options and are a “walker’s
paradise.”
WalkScore.com assigns a number between 0
and 100 −with 100 being the highest −to rank the ease of walking, biking or
using public transit from an address, whether it’s a single-family home or
rental apartment.
To calculate city- or neighborhood-level
scores, WalkScore.com calculates the Walk Score of approximately every block across
a city or neighborhood and then weights the Walk Score of each point by
population density. Therefore, the walkability ranking reflects where people
actually reside.
The top 10 most affordable places to
live in Boston without a car are listed in the table below:
|
Rank
|
Community
|
Walk
Score
|
Transit
Score
|
Bike
Score
|
Aggregate
Score
|
Median
Home Price
|
|
1
|
Allston
|
86
|
80
|
82
|
83
|
$280,000
|
|
3
|
Brighton
|
79
|
76
|
62
|
72
|
$302,500
|
|
3
|
Jamaica
Plain
|
77
|
76
|
85
|
79
|
$392,000
|
|
4
|
North End
|
96
|
99
|
76
|
90
|
$466,000
|
|
5
|
South
Boston
|
79
|
64
|
69
|
71
|
$440,250
|
|
6
|
Charlestown
|
81
|
73
|
75
|
76
|
$550,000
|
|
7
|
Beacon Hill
|
97
|
100
|
77
|
91
|
$699,000
|
|
8
|
South End
|
94
|
95
|
82
|
90
|
$734,500
|
|
9
|
Downtown
|
94
|
100
|
83
|
92
|
$784,500
|
|
10
|
Back Bay
|
95
|
97
|
88
|
93
|
$895,000
|
“Walk Score helps people find great
neighborhoods to live that are close to the places and people they love and
that offer easy access to public transit and shorter commutes,” says Walk Score
CEO Josh Herst.
"Home shoppers are increasingly looking for places to live where they can be less dependent on their cars,” says Mr. Herst. “The average American spends over $9,000 per year on their car.
"This is the equivalent of a $135,000 mortgage and the second-largest expense for many households. Moreover, people who live in walkable neighborhoods report being happier and healthier and, on average, way six to 10 pounds less.”
For a complete copy of the company’s news release,
please contact:
Stacey Corso
Public Relations Manager
ZipRealty, Inc.
Office: 510.735.2667
Cell: 415.672.6460
Follow us on Twitter: @ZipRealty
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