Neighborhood Features that Increase Your Home’s Value

If you are getting ready to sell your house, you may be wondering what home improvements you can make before putting your property on the market to increase its value. We all want to get the most money out of selling our home but a lot of the time there is not much we can do or afford to do to increase the value over night. However, there may some things that already are a part of your property or, more specifically, your neighborhood that you don’t know will be a great asset in selling your home. All you need to do to take advantage of these things is to know about them and highlight them to the buyers! Trulia collected eight different features of a neighborhood that increases property value. So, if you have any of the following amenities in your neighborhood, don’t overlook mentioning them to the buyers.

1)      Hiking Trails

With hiking trails close by, home owners get a good cardio workout and beautiful views. Hiking trails get a lot of bonus points in sales value.

2)      Mature Trees

Sacha Ferrandi, founder of Source Capital Funding, says “the more natural a neighborhood is – regarding trees – the higher the neighborhood value is.”

3)      Walkability

It is a huge benefit to get to small businesses or social meet up spots by foot and can drive the value of a home significantly higher than those that are out of the way.

4)      Historic Homes

Historic homes always cause the neighborhood to have a feel of character and charm. They also tend to increase in value more quickly than the overall local market.

5)      Dog Parks

Americans are spending more money than ever on their pets. Neighborhoods with open green spaces and parks tend to have more market worth than neighborhoods without.

6)      Retail and Essentials Nearby

Whether your neighborhood is in an urban or rural area, the key is that your home still has convenient access to essential services and shopping areas.

7)      Future Amenities

Spotlight the ways in which your neighborhood may be improving within the coming years. If your area doesn’t have much access to particular amenities but will soon then highlight those. Some very desirable businesses include Trader Joe’s, Whole Foods, and Target.

8)      Organized Community Groups

If your neighborhood has active participation and community events or groups then that can be a highly attractive feature for buyers with families.

 

Check out the original article at the link below to read further:

https://www.trulia.com/blog/features-increase-property-values-in-my-neighborhood/

This entry was posted in Real Estate Tips. Bookmark the permalink.