Key Factors that Influence Your Home’s Value
Posted by Ryan Campbell on
As low inventory and low-interest rates continue to fuel our hot local real estate market, homeowners are aware of the temperature and eager to take advantage. When considering putting your home on the market, one of the big questions potential sellers want to know is “what’s my home worth?”
Here are some key factors that influence your home value to keep in mind:
Location
Let us restate, “location, location, location!” Most realtors will agree that the biggest factor is your property’s location. Just to list a few variables driving steeper home prices in some areas and neighborhoods to consider:
~ condition of surrounding properties
~ on the lake/lake access or scenic acreage
~ school district and access to other educational…
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