Some of the features that increase property values are obvious-like a remodeled bathroom, a modern kitchen, or a sought-after neighborhood. But here are a few features and circumstances you have not have realized can affect property values.

  1. The neighbors: Not every neighborhood or community has an HOA that can keep the neighbors from going overboard with decorations or neglecting to care for their home. Homes adjacent to crazy neighbors can potentially be undervalued.
  2. Trendy groceries and coffee: Recent statistics suggest that if your home is a short walk from popular grocery stores like Whole Foods or coffee chains like Starbucks, it can actually appreciate faster than the national average. This is called the “Walk-ability” factor.
  3. Landscaping: A big beautiful tree in the front yard is enviable, and it’s not something that can be easily added to any home. Homes with mature trees tend to get a little boost in value. Nicely designed and maintained flora gets buyer’s attention quickly. It adds to the perceived value of the home.
  4. Staging: You may love that quirky 1960’s-era couch and the Scifi-themed wall hangings, but not everyone has your excellent taste in decorating 🙂 Clutter in a home or on the other extreme, an empty home can be an impediment to buyer’s ability to visualize what your home would look like with their furniture and accessories. My team can overcome these problems using a professional staging company or by “virtually staging” your home using sophisticated software. We can even erase furniture and replace it with more suitable items in a virtual home tour!
  5. Curb Appeal: First impressions matter to buyers-many will cross a home off their list within 10 seconds of stepping through the front door. An appealing front door, a friendly entryway, and a functioning doorbell are all necessities for getting top dollar.
2017-07-23T19:21:52+00:00July 5th, 2017|Finance, Home Prices, Sellers|Comments Off on WHAT AFFECTS PROPERTY VALUES?

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