An Empirical Examination of Traditional Neighborhood Development
October 28, 2025Walk This Way: The Economic Promise of Walkable Places in Metropolitan Washington, D.C.
October 28, 2025Research Article
Do home buyers value the New Urbanist neighborhood? The case of Issaquah Highlands, WA
By Kim, J., & Bae, C. H. C.
Full Citation
Kim, J., & Bae, C. H. C. (2020). Do home buyers value the New Urbanist neighborhood? The case of Issaquah Highlands, WA. Journal of Urbanism: International Research on Placemaking and Urban Sustainability, 13(3), 303-324.
Key Findings
This study uses the hedonic pricing technique to assess the impact of New Urbanism on the value of single-family residences, assessing 1,780 single family homes in Issaquah Highlands and the City of Issaquah. The findings suggest that people are willing to pay a $92,700–96,800 premium (approximately 7.1–12.0 percent of the sales prices) for New Urbanism.