Everyone knows that having a remodeled kitchen or a large backyard will affect the resale value of your home; however, did you know that being closer to a Starbucks correlates with a higher sales price? According to research from Zillow, “Between 1997 and 2014, homes within a quarter-mile of a Starbucks increased in value by 96 percent, on average, compared with 65 percent for all U.S. homes”
Having your morning cup of joe close by adds value to your home, but there are a number of items that may negatively affect the value of your home. You may want to use caution when considering a property with electrical poles on the lot. Many buyers fear electrical poles; be particularly cautious when purchasing a property with transformers on the lot. Some people believe these are linked to certain health risks. Others simply don’t want someone entering their property every time a major storm causes a power outage. I also recommend looking at the title policy closely when purchasing a property. Keep an eye out for any easements noted. These may be for utility companies or a variety of other reasons.
Convenience to local transportation can also affect the value of your home. I have heard horror stories of people purchasing a home and later realizing that a daily train made such a racket they could not live comfortably in the house. Also be cautious of purchasing a property on a busy street. That being said, in some areas, being close to public transportation may actually be positive, thus, increasing the desirability of the property.
These tips are good eye openers. However, they are not all encompassing. If you are considering making a purchase and resale value is important to you, contact a real estate professional for an in-depth analysis.
Author:Erika Albert Phone: 512-779-7597 Dated: March 22nd 2017 Views: 117 About Erika: ...
Trust eXp Realty and our team of real estate agents to help you find homes for sale or to sell your current home. We recognize the level of service that the mobile consumer demands. You have information. You have dreams. We possess experience, integrity, and innovation. Together we create leverage to make your dreams a reality.
Your property is priced too high.If I had to guess, I would say that
"I couldn't have found a better realtor. I looked for a house for more than 6 months and after having a handful of houses swept out from under me within hours, when she found this house she contacted me within minutes, had all the paper work filled out and the phone number ready to call the minute we looked at the house. The market in Austin is vicious and frustrating and Tammy did everything in her power to lighten the load on my shoulders and fight for the house I really wanted. My house was on the market for less than 3 hours!! I would highly recommend Tammy Spracklen to anyone looking in the Austin area!! In fact I think you would be disappointed with anyone else!"