Well, maybe not yours – but it did for Jesse Warner-Levine and Hallie Nickelson, according to the New York Times:
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As the search for more affordable real estate in New York City pushes deeper into neighborhoods that were once considered out of the way, bicycle lanes are taking on new importance. Since 2007, the city has carved out more than 350 miles of bike lanes in the five boroughs, according to the Department of Transportation. As a result, the distance from the nearest subway or bus stop has become less of a drawback for the two-wheeled set, particularly in transit-challenged areas of Brooklyn like Red Hook, Greenpoint and parts of Bushwick. In a twist to the real estate catch phrase, location, location, location, brokers say, bicycling is beginning to influence some real estate decisions. …
At least one broker, Elliot Bogod, the managing director at Broadway Realty, is offering a $95 annual Citi Bike membership to the buyer of a $1.295 million penthouse duplex condo for sale in Battery Park City, partly to remind those concerned with its relative isolation at the southern tip of Manhattan that cycling is an easy transit alternative …
Mr. Eisman bought a Red Hook rowhouse last year, partly for the space his money can buy. “I can afford more, in part, because it hasn’t exploded with the speed of, say, a Williamsburg, because you’re not one stop in on the L,” he said. The approximately $400 a square foot he paid for the property was half the cost of what he found in his former neighborhood of Prospect Heights.
With the money he saved he is gut-renovating the place. Included in the plans, drawn up by Allison Reeves of ardesign, is a shed with a grass roof specifically for his bike.
But another aspect of the property sweetened the deal: His new abode is just one block from a recently finished section of the Brooklyn Waterfront Greenway, a planned 14-mile bike route — a significant upgrade from his previous route, which involved cycling next to heavy car traffic along Flatbush Avenue each day. “It’s a great commute,” Mr. Eisman said, “I feel the salt air and the sun, and coming home I see the sunset.”
In North Van every condo and town house development near the Spirit Trail multi-use path uses it in its marketing. When complete the Spirit Trail will connect from Deep Cove to Horseshoe, with access to the Seabus and the two bridges.
In hunting for a place to live in downtown Calgary, my real estate agent was astonished to learn that we didn’t have a car. Nor did we intend to get one. I told him that it was unnecessary since my workplace was only 4 km. away from home. LRT just a 10 min. walk away and deposits me right at the building where I work.
He still didn’t quite understand but was keen to offer a place without parking spot at a reduced price. In the end, I took parking spot and rented it out. Several years later, the assessed property value of the parking spot increased by nearly 50%.