8 Unusual Factors that Can Affect Your Home’s Value

Written by Posted On Tuesday, 28 November 2017 11:42

Most of us think that it’s all about location when it comes to real estate, and that is true for the most part. However, there are a multitude of quirky or even unusual factors that can affect your home’s price; and we’re not just talking of lot size, number of bedrooms, total square footage, number of bathrooms, and when the home was built.

In this article, we’ll tell you about some factors that seem unimportant or of no value at first, but can have a huge impact on your home’s marketability and price. Keep on reading to know more below!

Your House Number

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Believe it or not, some numbers simply don’t sit well with some people, be it because of their cultural background or just a personal quirk. The number 4 is frowned upon by some Asian cultures and a few 6s in a row would throw off those with a certain religious inclination, therefore the home might have to be priced lower to generate a sale. Statistics also show that for homes listed for more than a million, about 25% have 9 as the last non-zero digit.

What’s In a Name?

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Your street’s name play a huge role in driving up your home’s price. Generally speaking, an address on a boulevard or an avenue allows you to command a higher price than one on a random street.

Trees Are The Your Friend

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The presence of mature trees generally improves property value and lends a certain aura of prestige unto the property. Have a few mature trees lining up the street and buyers would come knocking on your door.

Death Is Never Good

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Most provinces require that a death on the property has to be mentioned when selling a place, thereby possibly scaring off some buyers. Some even require you to mention supernatural occurrences such as ghosts.


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Noisy and/or nosy neighbours is a turn-off! Inconsiderate neighbours will chase away buyers right from the moment they get a glimpse of the noise or unusual behaviour. On the other hand, a simple house in a good quiet neighbourhood usually sells for more than the asking price.

Details and Finishes

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Almost everyone knows that fancy finishes and materials such as chrome and granite can drive up a home’s value, but do you know that crown moulding does the same (for the most part)? Add some crown moulding to add extra class to your home.

Popular Stores Nearby

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Having Whole Foods, Starbucks, and Trader Joe’s nearby can boost your property’s value by as much as 40%. People will pay for convenience, that’s a fact.

Your Sports Fan Gear

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Whether you are wearing your sports fan gear or got them on display, a home buyer who’s a fan if the rival team is likely to perceive you and your home as not good in their book and either offer a lower price or won’t go through with the sale. If they are a fan of the same team, the opposite happens. This is why it is best to keep things neutral by removing personal items when staging a home.

With home selling season these days encompassing the entire year, selling your Oakville home may still be a bit intimidating for you. Let our agents help you for a smoother transition. Contact us today!

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Brad Miller

The Goodale Miller Team: A group of Oakville Luxury Real Estate Professionals that operate on a philosophy of honesty, integrity, and results.


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