“Walkability” is Worth Money. Here’s the Proof

This from TechCrunch:

You might have seen the subtle brag at the bottom of Craigslist apartment searchposts — WalkScore 99! WalkScore 100! WalkScore 85! Well, why should you care about whatever a WalkScore is? Because the score rates accessibility by foot to things people want to access by foot like restaurants, theaters and public transit for any address in the US, Canada and New Zealand.

Useful right? Well it made sense to investors, who’ve just angel funded the company to the tune of $2 million — those investors included Shel Kaphan, Rudy Gadre, Edward Yim and Geoff Entress.

Like the proverbial economist, those VC guys know the price of everything. . .

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