“…Empirical evidence has shown increases in sales prices ranging from 4 to 25% for single-family homes located in pedestrian-friendly neighborhoods (Eppli and Tu 1999). Built-environment correlates to property values include urban form factors such as accessibility to destinations, street connectivity, street layout, sidewalk density, and steepness of the terrain (Diao and Ferreira Jr 2010; Matthews and Turnbull 2007); and land use factors such as land-use mix and residential density (Koster and Rouwendal 2012; Kupke, Rossini, and McGreal 2012). Prior research has also included other social and physical environmental measures associated with property value, such as crime and traffic accident rates as well as proximity to transit stations, highways, and railroads (Li et al 2015).…”