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    WHAT AFFECTS PROPERTY VALUES?

    Some the features that increase property values are obvious-like a remodeled bathroom, a modern kitchen, or a sought-after area. But here are a few features and circumstances you have not have realized can affect property values.

    1. The neighbors: Not every neighborhood or community has an HOA that can keep the neighbors from going overboard with decorations or neglecting to care for their home. Homes adjacent to crazy neighbors can potentially be undervalued. Some of these areas can though have hidden value to the right buyer, areas are changing for the better year by year.

    2. Shopping and Dining: Recent statistics suggest that if your home is a short walk/drive from grocery stores or restaurants, it can actually appreciate faster than the national average. In the Keys, a short boat ride to bars and restaurants with public dockage is a big plus.

    3. Mature trees: A big beautiful tree in the front yard is enviable, and it’s not something that can be easily added to any home. Homes with mature trees tend to get a little boost in value. Much of this has changed after hurricane Irma but lush landscapes are always preferred.

    4. Parking and trailer storage: This isn’t too much of an issue if you live in the suburbs or in a rural area, but residents in some areas have real problems with parking. Forcing them to pay additional fees to store boats and RVs. That’s why having ample parking areas will raise property values.

    5. The front entrance: First impressions matter to buyers-many will cross a home off their list within 10 seconds of stepping through the front door. An appealing front door, a friendly entryway, and a functioning doorbell are all necessities for getting top dollar.

    Looking at buying or selling in the Florida Keys? You have found your Realtor® in paradise!  Let us talk today

     

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