For example, people who are considering buying a house look at the house's age,
condition, location, style, features, and construction, as well as the price
of nearby homes.
Home values are influenced by a wide variety of factors, including location, the value of comparable homes, amenities (e.g., kitchen or bathroom upgrades, a pool), the condition of the home, the neighborhood (e.g., surrounding homes, nearby businesses), the school district, crime rates, e
Home values are influenced by a wide variety
of factors, including location, the value
of comparable
homes, amenities (e.g., kitchen or bathroom upgrades, a pool), the
condition of the
home, the neighborhood (e.g., surrounding homes, nearby businesses), the school district, crime rates, e
home, the neighborhood (e.g., surrounding
homes,
nearby businesses), the school district, crime rates, etc..
There are a lot
of factors that go into determining a
home's market value, such as the sales price
of nearby homes that have recently sold, the listing price
of similar
homes that are currently on the market, as well as the
condition and location
of a
home.