Real Estate Glossary W

W

what-if analysis

An affordability analysis that is based on a what-if scenario. A what-if analysis is useful if you do not have complete data or if you want to explore the effect of various changes to your income, liabilities, or available funds or to the qualifying ratios or down payment expenses that are used in the analysis

Walkability

Walkability is a measure of how friendly an area is to walking. walk ability has many health, environmental, and economic benefits. However, evaluating walk ability is challenging because it requires the consideration of many subjective factors. Factors influencing walk ability include the presence or absence and quality of sidewalks or other pedestrian right-of-ways, traffic and road conditions, land use patterns, building accessibility, and safety, among others. walk ability is an important concept in sustainable urban design.