Unexpected Things That Affect Your Property Value
By Lisa Edwards, The Best of Both Worlds, RE Investor/Agent
(South Texas Property Group/ Step Stone Realty)
Unexpected Things that Affect Your Property Value? We all know the basics of what goes into determining property value: square footage, number of beds and baths, location, schools, local market, and so on. But that’s not all there is to it – because the real value of your property is determined more by what buyers will actually pay than by what the appraiser says. And there are a number of not-so-obvious and unexpected things that affect your property value. Following are a few of them, and they also tell us a lot about human nature.Large TreesTrees, especially mature trees, nearly always increase property values. We’ve all read the property description stating, marture landscaping. According to one real estate study, houses with trees and those in tree-lined neighborhoods brought a 10%...
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