greenieS
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That's why your neighbor's house might be worth more.
The value of a home can vary over time. A smart seller will monitor the value of his property over the years to find out the price in general. However, if you want to increase the value of your home, or if you are just wondering why it remains constant, you need to understand the factors that influence it. Here are some options that could negatively affect this.
Location
The proximity of a busy street or, on the contrary, its location in a place that is too isolated. Almost every time this factor is of major importance.
Seniority
Properties that have a historical air due to their architecture or new constructions are preferred by most customers, but an old house, 30 or 40 years old, that looks strange and old-fashioned, that is neither new nor has a special architecture, no will positively influence the buyer's decision.
Old-fashioned renovations
Is your kitchen still furnished with dark wood furniture and carpeted? Does the bathroom have embossed walls and are its walls made of stained glass? Renovations that were popular in the past could significantly affect a potential customer's first impression. Of course, a fresh painting and a few flower pots will refresh the atmosphere and give the rooms a modern and pleasant air. Also, another factor could be the renovations that are just to your taste. The bright colors of the pieces of furniture may not be to everyone's liking. If potential customers can't see beyond your personal stylistic sense, the house will remain for sale on the real estate market for a few months, or even longer.
Negative history
Has your home ever been flooded or has one of your neighbors' homes been set on fire? Isn't the neighborhood they're in really nice? That could scare any buyer.
Size
One of the most sought after features when a potential customer accesses a real estate site is the area of the home. They want a space where they can feel comfortable. Therefore, a home that is too small or too large will not be suitable for anyone. A large space requires more care costs, so it will not be among the customers' preferences.
Lack of bathrooms
There is no one who does not want to have his own bathroom. Therefore, if your home has only one bathroom and 4 bedrooms, you should seriously consider a solution.
Look
A modern house in the middle of a neighborhood with properties that have a classic and totally different architecture, will certainly be in the attention of the potential client, but not in a positive way.
The value of a home can vary over time. A smart seller will monitor the value of his property over the years to find out the price in general. However, if you want to increase the value of your home, or if you are just wondering why it remains constant, you need to understand the factors that influence it. Here are some options that could negatively affect this.
Location
The proximity of a busy street or, on the contrary, its location in a place that is too isolated. Almost every time this factor is of major importance.
Seniority
Properties that have a historical air due to their architecture or new constructions are preferred by most customers, but an old house, 30 or 40 years old, that looks strange and old-fashioned, that is neither new nor has a special architecture, no will positively influence the buyer's decision.
Old-fashioned renovations
Is your kitchen still furnished with dark wood furniture and carpeted? Does the bathroom have embossed walls and are its walls made of stained glass? Renovations that were popular in the past could significantly affect a potential customer's first impression. Of course, a fresh painting and a few flower pots will refresh the atmosphere and give the rooms a modern and pleasant air. Also, another factor could be the renovations that are just to your taste. The bright colors of the pieces of furniture may not be to everyone's liking. If potential customers can't see beyond your personal stylistic sense, the house will remain for sale on the real estate market for a few months, or even longer.
Negative history
Has your home ever been flooded or has one of your neighbors' homes been set on fire? Isn't the neighborhood they're in really nice? That could scare any buyer.
Size
One of the most sought after features when a potential customer accesses a real estate site is the area of the home. They want a space where they can feel comfortable. Therefore, a home that is too small or too large will not be suitable for anyone. A large space requires more care costs, so it will not be among the customers' preferences.
Lack of bathrooms
There is no one who does not want to have his own bathroom. Therefore, if your home has only one bathroom and 4 bedrooms, you should seriously consider a solution.
Look
A modern house in the middle of a neighborhood with properties that have a classic and totally different architecture, will certainly be in the attention of the potential client, but not in a positive way.