• Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions
Sunday, March 7, 2021
No Result
View All Result
ABC Money
PR Fire Press Release Distribution
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
ABC Money
No Result
View All Result
Home Mortgage

Top 10 Surprising factors that can affect your house value and how to avoid it.

by Elise Dopson
17/02/2021

RelatedPosts

TOP FIVE REASONS WHY YOU NEED A MORTGAGE BROKER

5 Steps to Kick Start Your Mortgage Journey

6 Things You Should Know Before Taking Out a Mortgage

Here is Complete Guide for Planning and How it Can Affect Borrow Ability.

Load More
If you’ve been getting ready to sell your home, you’ve probably been wondering what all factors affect the value of your house. Of course, factors like the square footage, the number of bedrooms and bathrooms, the location and the lot size play a significant role in affecting a property’s value. But, is that all? Before you start looking at a free online house valuation, here are 10 surprising factors that can affect the value of your house and how you can avoid it!

1 Death on the property
As soon as potential buyers find out that there has been a death on the property, 7 out of 10 buyers will back out. While death disclosure is usually not a requirement, it is better to let potential buyers know the cause of this death instead of hiding the truth for them to find out later.

2 Landscapes and trees
If the street you live on has a lot of greenery and beautiful trees on the sidewalk, potential buyers automatically assume that it is a wealthy neighbourhood. Seeing landscaped gardens and wide streets with tall trees while driving to a potential home will increase property value in a buyer’s eyes before they even reach the house!

3 The number of your home
Some buyers believe in numerology as well as Vastu. In that case, the number of your home can play a significant role in affecting the valuation. Some buyers might not be willing to buy a house if it is number 13, while those who believe in astrology might not want a home with the number 8!  You might want to get in touch with estate agents in Orpington to find potential buyers who don’t believe in numerology if the number of your home happens to be ‘unlucky’.

4 Name of the street
Surprisingly enough, the street’s name has a lot to do with the valuation of a home! If your home is on a road or lane that ends with the suffix street, it is considered a less expensive area whereas the suffix ends with a boulevard and is regarded as an affluent and costly area. So, the value of your property can increase or decrease in a buyer’s eyes merely depending on the name of the lane you live on.

5 Is it a school zone?
Research has shown that there has been a significant increase in the price of real estate located close to a school zone. Being close to a school zone is one of the biggest highlights for any property! If your home is close to a high-performing school or a world-renowned school, then the value of your property will get a significant boost!

6 Noisy neighbours
No one wants to buy a house next to noisy neighbours. Believe it or not, neighbours can actually play a big role when it comes to decision making time for potential buyers. If you’ve got quiet neighbours with good taste, then you’re pretty lucky. However, if you’ve got loud neighbours with strange things in their garden and patios, then you might have a problem.


7 Interior design matters
Another surprising factor that can affect the value of your home is terrible interior designing! Potential buyers will tend to reject homes that they feel have ‘bad taste’. This could mean anything from loud floral wallpapers to bright yellow bathrooms. That is why it is recommended that you always use neutral and straightforward interior decor when you put your home on the market.

8 The potential to renovate
If buyers see that there is potential to renovate, they will be more than happy to offer. The chance to renovate gives the potential buyers a chance to make this house their new home by adding aspects that they like. If buyers feel that they can make an outdoor patio, create a terrace garden or maybe put a swimming pool in the backyard, they’ll be happy to pay the asking price without hesitation.

9 Supermarkets
The proximity to supermarkets greatly affects the value of your home. Say, if your home is walking distance to a mega supermarket or even a local supermarket, the value of your property goes up. The closer your home is to a supermarket, the more you can raise your asking price based on this key factor! After all, who doesn’t love the convenience of a supermarket that is mere steps away?

10 It’s all about the storage
Storage space such as an attic or a garage can greatly increase the value of your home! Buyers are always looking for more and more storage space, so if you have extra storage space in your home, then that is a big plus. If you’ve got storage space in your apartment, that is an even more significant plus!
Previous Post

Why More and More People Are Buying Bitcoin? – A Quick Analysis

Next Post

How To Open A Banco Del Bienestar Account For Remittances

Related Posts

TOP FIVE REASONS WHY YOU NEED A MORTGAGE BROKER
Mortgage

TOP FIVE REASONS WHY YOU NEED A MORTGAGE BROKER

23/02/2021
5 Steps to Kick Start Your Mortgage Journey
Mortgage

5 Steps to Kick Start Your Mortgage Journey

22/02/2021
Poor Credit? Don’t Worry You Can Still Get a Loan for Your Business
Mortgage

6 Things You Should Know Before Taking Out a Mortgage

16/02/2021
Next Post
How To Open A Banco Del Bienestar Account For Remittances

How To Open A Banco Del Bienestar Account For Remittances

SidesMedia Review: Get More Followers on Social Media

SidesMedia Review: Get More Followers on Social Media

The 3 most cost-effective laptop options

Advantages of Real-Time Record-Keeping when Filing Taxes

Latest News

Some Important Things to Consider While Buying TV Covers Online

Some Important Things to Consider While Buying TV Covers Online

05/03/2021
5 online side hustles that could boost your income in 2021

5 online side hustles that could boost your income in 2021

05/03/2021
4 Things to know about a luggage storage business

4 Things to know about a luggage storage business

05/03/2021
Impressive Hair Dryers Detailed Guide To Make Your Life Simpler

Impressive Hair Dryers Detailed Guide To Make Your Life Simpler

05/03/2021
How to Accessorise For Your Zoom Meetings

How to Accessorise For Your Zoom Meetings

05/03/2021
National Governments Keen to Use Blockchain Technology

National Governments Keen to Use Blockchain Technology

05/03/2021

Social

Contact

For editorial enquiries:

editorials@abcmoney.co.uk

For advertising enquiries:

advertise@abcmoney.co.uk

Top Topics

  • News
  • Business
  • Finance
  • Property
  • Technology
  • Investment

Guides

  • Best UK Bridging Loans
  • Best UK Secured Loans
  • Best UK Commercial Mortgages
  • Best UK Business Loans
  • Best UK Payday Loans
  • Best Sites for International Money Transfers
  • Best Press Release Distribution Service

Social

  • Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions

© 2020 ABC Money

No Result
View All Result
  • Write for us
  • Contact
  • About Us
    • Authors
  • News Desk
    • Business
    • Finance
    • Property
    • Technology
    • Investment

© 2020 ABC Money

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.