Real Estate

6 Often Overlooked Factors That Can Affect The Value Of Your Home

The housing market can be volatile at times. In fact, you’ll never really know how much your home is worth until you put it on the market, and even then it’s really only worth what someone is willing to pay for it. If you’re thinking of selling your home, there are a few often overlooked factors to consider, as these affect your home’s value. Some of these you may not have considered before. There’s a lot to cover, so let’s begin!

1. Your House Number

Believe it or not, the number on your house can affect how much it sells for. For example, some people believe that the number 13 is unlucky, and these people won’t buy a house with that number. Then there are those who look for a 1 or 2 in the house number. This is something you cannot control, but if you are stuck with a number people don’t like, steer the conversation away from this aspect and highlight the wonderful features your home has to offer.

2. Your Street Name

There are some pretty weird street names out there. According to the internet, you’ll find street signs that say “Zzyzx Road”, “Gotham Lane”, and “Hammersmith Mews”. Therefore, if you live on a street that has a strange name, you may face difficulties when it comes time to sell.

3. Nosy Neighbors

There’s no denying that having nosy neighbors can be kind of annoying. And if they ever start interfering during showings or visits, this could really mess up the sale. Most buyers want to be left alone when they’re looking at a home, so if your nosy neighbor starts prying too much, it could cause them to dial back or even walk away from a deal altogether.

4. Fire Damage

A fire, even if it’s been put out, can affect a property in numerous ways. If you’ve ever been in a house that’s had a fire, you know that the smell of smoke can linger for years. And that’s not even taking into account the damage that could’ve been done to the actual structure of the house. If you mention the fire to potential buyers, they may get startled and start to think of the house as being damaged goods.

5. Proximity To The Freeway

Being close to the freeway can be noisy and buyers may consider this a negative aspect. Especially in today’s world, where people are looking for peace and quiet when they’re trying to relax after a long day, homes close to the freeway are not all that popular. And being so close to the freeway can also increase your exposure to air pollution.

6. Suicide In The Home Or In The Neighborhood

A potential buyer may consider the home or neighborhood unsafe if certain things have happened. If you can, highlight facts like a low crime rate in the neighborhood, or talk about how the home has the latest security equipment to address safety concerns.

If your home is being affected by any of these factors, there’s no need to start worrying. You can still sell a house fast in Oklahoma City, as there are many avenues you can go down.

However, if you want the simplest solution, you should sell your house for cash. Cash home buyers in Oklahoma City will present a fair, all-cash offer, and they’ll buy your home regardless of its location or condition. If you accept the offer, you can close in under 30 days.

Whether you need to sell an inherited home in Oklahoma City or you need to sell and move away following a divorce, you can enjoy a stress-free and smooth sale if you sell to a cash home buyer.

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