5,772,575
Richie,
There is not a dollar value that can be placed on an intangible like that. However, like Michael Jacobs said, it makes the home more attractive. When selling a business with a building, sometimes, the sellers want to put a "good will" clause, ie because the biz has been successful the buyer should pay extra.
That also means nothing, as one cannot predict whether the good will will continue. A
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Michael Jacobs
Pasadena, CA
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Richie Alan Naggar
Riverside, CA
4,800,082
630,251
1,153,794
Is there a dollar amount or percentage to gauge its value? Probably not, although it makes it much easier for customers to reach into their pockets quicker.
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Richie Alan Naggar
Riverside, CA
4,572,464
Hi Richie --- I'm not sure if I can could place a $$$ number but I strongly believe that pride of ownership makes a potential buyer want to linger a lot longer than one where it is lacking. Longer lingering can often lead to offers which can lead to closings.
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Richie Alan Naggar
Riverside, CA
2,781,293
Hello Barbara...like attracts like is Barbara Todaro take on this. Yes to it!
Hello Spirit...most excellent commenting and sharing...thank you Spirit Messingham
Hello Michael...very relevant commenting as to Real Estate dynamics...most professionally shared and thank you
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Barbara Todaro
Franklin, MA
5,583,278
pride of ownership is a factor that weighs heavily on a buyer with the same mindset!! we are always attracted to homes that have the same flavor as ours...
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Richie Alan Naggar
Riverside, CA
175,614
What something is worth of course is subjective, even an apprasial is nothing more than a written statement of opinion. What I see the most is deferred maintenance, items that if left uncheck or maintained, cause damage to the property. True pride of ownership, homeowners keep on top of these items. In short, it is worth more, how much is hard to say until we start talking about the cost to correct the deferred maintenance. Properties with pride of ownership that shows, priced well, tend to sell quickly here in Tucson, AZ.
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Richie Alan Naggar
Riverside, CA