• July 21, 2018

Location and Why it Matters

JOSEPH-LEWKOWICZ,1

Location and Why it Matters

It is often common for houses that are sold online to have price tags that are off by tens of thousands of dollars. This is not because of seller dishonesty; instead, it is that sellers often forget to factor in the role location plays in their property values. The condition of the home and the quality of the surrounding neighborhood are just some of a few elements to consider before you put your home on the market. Below is a list with pieces of information to help you understand how your surrounding area can contribute to the value of your home.

Schools

Your school district can have a significant impact on your home’s value, especially if you are a first-time seller. There’re a lot of buyers looking for a starter home. Having a good school in your area can peak the interest of those looking to start a family in the future, so keep that in mind so you have realistic expectations of what your house may be worth.

Parks

Another location that is great for younger families is public parks. Having a park within walking distance of your home can bump up its value. These days having an area where families have the room the walk around is not a locational feat to be taken lightly.

Stores

Some buyers may be looking for seclusion, but we can safely say that most families go to stores to get food and other amenities. If you are located near an area that is more commercialized chances are your home will be worth slightly more as a result. Living in an area that has malls, retail stores, and grocery stores readily available is a huge benefit to buyers and is an idea worth thinking about when contemplating how much your home is worth.

Freeway

Living close to the freeway is a double-edged sword. Being close to a freeway, while being far enough for its noise not to affect the homeowners is exceptionally convenient. At the same time being too close to a freeway, where the sound is loud and never gives a homeowner a lick of silence is very disheartening. Consider where your home is located approximately to the freeway to help you determine if it will affect your pricing.

Foreclosures

It can be harder to sell a house in a neighborhood full of foreclosing houses. The first impression buyers get almost is always negative when they see several empty houses on the street. Keep in mind that if you live in a neighborhood like this, it may take a bit more time and persuasion to sell the house.

The number of factors and information can be overwhelming when it comes to selling a house in a less favorable location. The first and most important step to take is to contact your local real estate agent. These real estate professionals can give you the most up to date information as well as walk you through the process of selling your home. While it is important to be familiar with how the process works you should always have a knowledgeable professional to help you every step of the way while you are on your way to successfully sell your property.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-701-2030 or visit https://josephlewkowicz.com/