Medusa

6 Things That Are Devaluing Your Home

Check the neighborhood - Shutterstock

Check the neighborhood - Shutterstock

<p style&equals;"text-align&colon; justify">Since the recession hit&comma; the housing market has remained pretty poor&period; Many people from all across the globe have experienced trouble selling their homes&comma; and when they have managed to sell up the price they receive isn’t usually the price that they originally wished to sell at&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">The state of the housing market is probably the biggest reason why people are forced to sell their homes at low prices&period; But another reason to why this is often the case is because there are a few different things that are causing the devaluation of the home as well&period; Some of these things unfortunately can’t be changed by homeowners&comma; but others can&period; Either way here a 6 things that may be devaluing your home&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;5706" aria-describedby&equals;"caption-attachment-5706" style&equals;"width&colon; 300px" class&equals;"wp-caption alignleft"><img class&equals;"size-medium wp-image-5706 " alt&equals;"6 Things That Are Devaluing Your Home" src&equals;"https&colon;&sol;&sol;medusamagazine&period;com&sol;wp-content&sol;uploads&sol;2013&sol;07&sol;shutterstock&lowbar;116263732-300x198&period;jpg" width&equals;"300" height&equals;"198" &sol;><figcaption id&equals;"caption-attachment-5706" class&equals;"wp-caption-text">Check the neighborhood &&num;8211&semi; Shutterstock<&sol;figcaption><&sol;figure>&NewLine;<h3 style&equals;"text-align&colon; justify"><b>&num;1 The Neighbourhood<&sol;b><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify">There are many different things about a neighbourhood that can cause the devaluation of the homes within it&period; Some common examples include flight pathways being directly overhead&comma; landfill sites and how safe the neighbourhood is&period; However&comma; there are plenty of other aspects concerning a neighbourhood that can detract potential buyers&comma; and the problem is not much can be done about this&period; The best advice is that if you feel your neighbourhood is going downhill&comma; get out and sell your home as soon as you can&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify"><b>&num;2 Other Houses That Aren’t Selling On Your Street<&sol;b><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify">There aren’t too many things that can deter potential buyers&comma; and devalue a home&comma; more than other houses on the street failing to sell&period; This is because it immediately makes buyers start thinking &OpenCurlyDoubleQuote;what’s wrong with this area”&period; Nonetheless it isn’t the end of the world&period; Many buyers understand how difficult it is to sell a home in the current housing market&comma; and won’t factor it into their decision on whether to buy or not&period; It’s also not a problem if the house itself is in really good condition&period; This is because if someone falls in love with a home the chances are they are going to make an offer&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify"><b>&num;3 How Good the Schools In The Area Are<&sol;b><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify">The proximity a home is to a good school has a huge impact on the its value&period; This is due to the quality of the schools in an area being a determining factor for many people looking to purchase homes—especially those with children&period; How good the local schools are will significantly impact the price that buyers are willing to pay&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify"><b>&num;4 The Way The Interior Looks<&sol;b><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify">A home with an old&comma; run-down interior is going to struggle to reach a good price in the current market&period; This is simply because buyers generally tend to want modern&comma; up-to-date homes that don’t require a lot of work on their behalf&period; The rooms you need to make sure are looking good are the kitchen&comma; bathroom and master bedroom&comma; as these are the rooms that buyers are most likely to make a decision based on&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify"><b>&num;5 Things That Are In Need Of Repair<&sol;b><&sol;h3>&NewLine;<figure id&equals;"attachment&lowbar;5707" aria-describedby&equals;"caption-attachment-5707" style&equals;"width&colon; 300px" class&equals;"wp-caption alignright"><img class&equals;"size-medium wp-image-5707 " alt&equals;"6 Things That Are Devaluing Your Home" src&equals;"https&colon;&sol;&sol;medusamagazine&period;com&sol;wp-content&sol;uploads&sol;2013&sol;07&sol;shutterstock&lowbar;118825096-300x200&period;jpg" width&equals;"300" height&equals;"200" &sol;><figcaption id&equals;"caption-attachment-5707" class&equals;"wp-caption-text">The necessary repairs &&num;8211&semi; Shutterstock<&sol;figcaption><&sol;figure>&NewLine;<p style&equals;"text-align&colon; justify">If anything in your home needs repairing&comma; no matter how big or small&comma; it’s most likely devaluing the price of your home&period; Things such as mould&comma; busted plumbing and faulty electrics are the most common problems&comma; but there are plenty of other things that could be in need of repair&period; If something needs repairing and you can’t do the job yourself&comma; it’s recommended that you get an expert to do the job for you&period; For example if you need some plumbing done in your Seattle home&comma; you should look for some Seattle plumber experts to take care of the problem for you&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify"><b>&num;6 A Run-Down Garden<&sol;b><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify">A lot of people don’t realize that a run-down garden can devalue a home&comma; but it does&period; This is largely because people looking to buy a home tend to look at a run-down garden as an extra cost to take of so will make a low offer as a result&period; If you’re selling your home&comma; before you put it on the market always make sure the garden is looking pretty good&period;<&sol;p>&NewLine;

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