Features That Affect Property Values in Gilbert, Chandler, Mesa and Queen Creek
Some of the features that increase property values are obvious-like a remodeled bathroom, a modern kitchen, or a sought-after neighborhood. But here are a few features and circumstances that you may not have realized can affect property values of homes in Gilbert, Chandler, Mesa and Queen Creek.
- The neighborhood: Must homeowners tend to either love or hate their HOA. Yes, many have some strange or over-reaching restrictions, but they also protect property values. Not every neighborhood or community has an HOA that can keep the neighbors from going overboard with a hot pink paint job or neglecting to care for their home. Communities or homes adjacent to “eccentric” neighbors can potentially be undervalued.
- Trendy groceries and coffee: Recent statistics suggest that if your home is a short walk from popular grocery stores like Trader Joes, AJ’s, Sprouts and Whole Foods or coffee chains like Starbucks, it can actually appreciate faster than the national average.
- Mature landscaping: A big beautiful tree and mature landscaping in the front yard is enviable, and it’s not something that can be easily added to any home. Homes with mature trees, shrubs and plants tend to get a little boost in value.
- Parking: This isn’t too much of an issue in traditional single-family homes in Gilbert, Chandler, Mesa and Queen Creek but residents in more dense communities can have real problems with parking, and some homeowners might have trouble finding a legal a place to park each night. That’s why a lack of parking in can lower property values in some communities.
- 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.
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