How to make the neighborhood add to a home’s value

October 6, 2014

Many studies have found that the house and the neighborhood are equally important in decision-making for buyers. BobVila.com shares three tips to make sure the neighborhood works in the home value’s favor.

 

The first tip is to put the neighborhood on the map by creating a community group website with simple, straightforward information. The second tip is to help buyers get a glimpse of everyday life in the neighborhood, especially community activity. The final tip is to research surrounding homes that seem close to foreclosure and share your analysis with your appraiser.

 

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