WHAT AFFECTS PROPERTY VALUES?
Reynold Bascos
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WHAT AFFECTS PROPERTY VALUES?

Picture of a luxury suburban home

Some the characteristics 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 details you have not have realized can affect property values.

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The neighbors: Not every community or neighborhood has an HOA (Home Owners Association) that can keep the neighbors from going overboard with designs or forgetting to care for their home. Homes next to crazy neighbors can potentially be undervalued.

a lady crossing a street to go to shopping stores


Popular groceries and coffee: Recent statistics suggest that if your home is a short walk from traditional grocery stores like Whole Foods or big coffee chains like Starbucks, it can truly appreciate faster than the national average.

Mature trees: A great beautiful trees in the front yard is desirable, and it's not something that can be easily added to any property. Houses with mature trees tend to get a slight boost in value.

Woodbury Town Center in Irvine CA with mature palm trees


Parking: Some residents in dense cities can have real problems with parking. This isn't too much of an issue if you live in the suburbs or in a rural area. Homeowners might need to rent a spot just to guarantee a place to park each night. That's why having guaranteed parking in metropolitan areas will raise property values.

beautiful front porch


The front entrance: First impressions matter to a lot of home buyers. Many potential home buyers will remove a home from their list within few seconds of stepping through the front door. An appealing front door, a welcoming entryway, and a functioning doorbell are all essentials for getting top dollar for yours home.