
Return on Investment (ROI) for walkability
Return on Investment (ROI) for walkability measures the benefits gained from making an area more walk-friendly relative to the costs involved. Enhanced walkability can lead to increased local commerce, higher property values, reduced healthcare costs due to healthier lifestyles, and improved quality of life. When these benefits outweigh the expenses of developing sidewalks, parks, and safer crossings, the investment yields a positive ROI. Essentially, walkability ROI assesses whether the positive economic, social, and health outcomes of creating more walkable environments justify the financial investments made.