1 / 1

TOP 5 FACTORS THAT AFFECT PROPERTY VALUES

There are top 5 factors that affect property values. We have shared some valuable points. Read and check out this infographic for more detailed information. Visit our website:-https://bedrosteam.com/

Kermit1
Download Presentation

TOP 5 FACTORS THAT AFFECT PROPERTY VALUES

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TOP 5 FACTORS THAT TOP 5 FACTORS THAT AFFECT PROPERTY VALUES AFFECT PROPERTY VALUES Competition Between Areas Thesellingpriceisoneofthemost acceptablemeasuresofyourhome's worth. SimilarhomesforsaleinWest Knoxville, TNinyourneighborhood, recentlysoldforasimilarprice. LOCATION Becauseappraisersassesswhichvalueto assignbasedonhomelocation, the locationofyourcurrenthomemaybe greatforyou, suchasbeingclosetowork oryourparents' home. AGE AND CONDITION Thecostofanewhomeisusuallyhigher. The factthatessentialhomecomponentslike plumbing, electricity, theroof, andappliances aremaintainedandhencelesspronetofail cansavemoneyforthebuyer. LOCAL MARKET Evenifyourpropertyisinabetter locationandhasmoreupgrades, the quantityofotherhousesforsalein Farragutareaandthenumberof individualsbuyinginthemarketmight haveanimpactonitsworth. ECONOMIC PERFORMANCE Aperson'scapacitytobuyorsellahome isofteninfluencedbythestateofthe economy. Asaresult, thehousingmarket maysufferdifficultiesintimesofslowing economicgrowth. BEDROS BOZDOGAN KELLER WILLIAMS REALTY 1111 NORTHSHORE DR, N-600 KNOXVILLE, TN 37919 865-694-5904 HTTPS://BEDROSTEAM.COM/

More Related