New York–The Center for Neighborhood Technology (CNT) presented its innovative web service, Abogo, at the Inman Real Estate Connect conference session spotlighting new real estate apps for 2011.
Abogo (abogo.cnt.org), a combination of the words “abode” and “go,” is a web tool based on the idea that housing location and transportation costs are interrelated. Abogo helps people consider both together by allowing users to type in an address and calculate the transportation costs for a typical family. Transportation costs include car ownership, gas and transit expenses.
Abogo uses data and calculations from CNT‘s Housing + Transportation Affordability Index, a comprehensive assessment of household transportation costs by location. The H+T Index presents housing and transportation cost data as maps, charts and statistics for neighborhoods in 337 metro areas, enabling users to compare the relative costs of communities within a region. The Index quantifies how living in walkable, transit-connected neighborhoods can lower household expenses and impact on the environment.