The ugly truth: buyers, inspectors and appraisers look at these things when calculating the value of homes. If homeowners can address some of the Factors Impacting Value that are in their control, doing so should directly improve the dollar value of the home when selling.
Factors Impacting Value:
- Deferred Maintenance: wall to wall carpeting showing wear, home in need of paint
- Abundance of competitive homes for sale in neighborhood
- Pavement (street) in poor condition or on an unpaved road
- Bad drainage due to rainwater or water standing in yard
- Home has been for sale for an extended period of time
- Open drainage ditch easement on or near the property
- Boat or additional vehicles parked in front of home
- Back-up to major highway or interstate highway
- Bathroom needs grouting cleaned or replaced
- Sub-standard maintenance and housekeeping
- Major electrical lines running near property
- Private road which owners must maintain
- Grease marks on driveway or in garage
- Unusual floor plan or unusable space
- Yard is in poor condition or cluttered
- Condition of neighboring homes
- Present owners smoke in home
- Over improvements for area
- No lock box on property
- Located on busy street
- Tenant occupied home
- Home is dark inside
- Home has an odor
- Pets (cats or dogs)
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Driftwood Realty Group offers an innovative approach to Real Estate. The role of our Agents doesn’t stop at the end of each transaction. As your trusted Real Estate Advisors, we provide concierge service for our customers before, during, and after the sale. Our Advisors perform at the top of their market and keep positive relationships with happy customers.
