Factors that increase neighborhood value
Ø Good health care
Ø Quiet residential area
Ø Influx of population
Ø Good educational systems
Ø Affordability
Ø Convenient Transportation
Ø Employment Opportunity
Ø Local facilities such as parks, outdoor recreation areas, and sports
venues
Ø Future development in the area
Alternative indicator
• Volume of houses sold- A steady increase
in sales shows that the area is growing, any slowdown in housing sales may be a
sign of saturation.
• Volume of the property being listed
• How long does it take to sell the home in this
area
• Upcoming supply for the area
Real Estate Location Checklist
9 Jan, 2023
Category: Real Estate
Tags: Location
Factors that will increase property value
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Every single piece of land is unique.