Some the features that increase property values are obvious. A remodeled bathroom,
a modern kitchen, or a sought-after neighborhood. But here are a few features and
circumstances you have not have realized can affect property values.
1. The neighbors: Not every neighborhood or community has an HOA that can keep the
neighbors from going overboard with decorations or neglecting to care for their home.
Homes adjacent to crazy neighbors can potentially be undervalued.
2. Proximity to groceries and coffee: Recent statistics suggest that if your home is a short
walk from popular grocery stores like Whole Foods or coffee chains like Starbucks, it can
actually appreciate faster than the national average.
3. Mature trees: A big beautiful tree in the front yard is enviable, and it’s not something
that can be easily added to any home. Homes with mature trees tend to get a little boost in value.
4. Parking: This isn’t too much of an issue if you live in the suburbs or in a rural area, but
residents in dense cities can have real problems with parking, and homeowners might need
to rent a spot just to guarantee a place to park each night. That’s why having guaranteed parking
in urban areas will raise property values.
5. The front entrance: First impressions matter to buyers. Many will cross a home off their list
within 10 seconds of stepping through the front door. An appealing front door, a friendly entryway,
and a functioning doorbell are all necessities for getting top dollar.