4 Factors That Influence Your Home's Value
By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
4 Factors That Influence Your Home's Value Getting ready to sell your Destin Florida area home in 2005? If so, learning more about how home value is calculated can be beneficial. Let's examine four factors that help us pick a price. 1) Location of the home-- in a vacation market, "near the beach" can mean many things. Is the building parked next to the water, or would a normal person need a sports drink and Red Bull to walk back to the unit? For single family homes, units on the Main Street may not fetch the same as one on a cul de sac. 2) Your home's features-- Properties with popular upgrades command more than one lacking such items. And what constitutes an upgraded feature can evolve over time (remember when popcorn ceilings were proudly advertised). 3) Condition of the home-- in ge...
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