All Properties

Things that Decrease Your House Value

home-value-comparative-market-analysis

Your house is one of the biggest investments, and it is important that you treat your home as such. However, there are things that you can do to decrease your house value without even realizing it.

From clutter to bad interior design choices, these things will decrease the value of your home—and they’re easy enough to fix.

Clutter

Clutter can make your home feel smaller, harder to sell, and harder to find things when you need them. Clutter also increases the chances that you’ll injure yourself on something in your house. Finally, clutter makes it easier for someone to break into your home.

It can be anything from old newspapers stacked up against the wall to piles of clothes on the floor. If your home feels cluttered then get rid of some of that stuff. Cleaning and maintaining your property is only a starting point.

The Exterior of Your Home

There are a few things you can do to improve the exterior of your home. The first thing that comes to mind is painting. It may seem like a lot of work, but it will definitely pay off in the end. Painting over an old color can give your house a fresh look and make it more appealing to potential buyers. 

Another way to make improvements on the outside of your home is by adding new landscaping (for example, installing a flowerbed), which will help make your property stand out from others in the neighborhood.

In addition, consider replacing any outdated garage doors or windows with modern versions that have been upgraded for energy efficiency while providing security and insulation against cold weather conditions such as strong winds or heavy rainstorms coming through an open window during cold months when temperatures drop – these upgrades alone could add thousands onto their overall value.

Other things like replacing old shingles with newer materials like asphalt tiles (or even better yet metal roofs) would also increase property values because they reduce maintenance costs down over time – not only does this benefit homeowners financially now but later down too so keep this idea in mind when looking at properties before making any decisions about purchasing one or not.

fair-housing-act-house-worth-assessed-value

Bad Interior Design

One of the biggest things that can decrease home property values is poor interior design. A room that looks uninviting or unsafe, for example, will make it difficult to sell—especially if you’re trying to sell your house quickly.

If you’re looking for ways to increase the home value estimate of your house, then bad interior design is one area to which you should pay particular attention. Here are some tips for improving your own interiors:

Don’t paint everything beige! While neutral colors are popular among many homeowners (and realtors), they don’t add a lot of visual interest and can make spaces look boring and bland. Try using bright colors instead; they’ll help make any space seem more inviting and fun!

Even something as simple as adding curtains can help improve how nice a room looks. Curtains serve two purposes: they keep sunlight out during the summer, ensuring that rooms stay cooler; while during winter they prevent heat loss through windows by trapping air inside rooms with thick blankets filled with insulation material such as fiberglass wool batting (which keeps warm air close).

Appliances

Appliances might be the most expensive items in your home. As a result, many homeowners spend thousands of dollars on them and then never update them again. Whether you have appliances that are more than 10 years old or you have appliances that are out of date, it’s important to review what you have and make sure they’re energy efficient.

If you have appliances that need replacing, consider purchasing environmentally-friendly replacements for them. This will reduce your carbon footprint as well as increase the value of your home because prospective buyers will see that there is a new technology in place. Market trends show that homes with modern appliances are more sought after by potential buyers.

Noise Affects Home Market Value

Noise from the street, such as cars and trucks that pass by, can be particularly bothersome to homeowners. The noise of traffic can also be a deterrent for potential buyers in your local market and may lower the value of your home. If you’re renting out your property, it is important to make sure that your renters are aware of any nearby construction or other sources of excessive noise and take steps to prevent them from disturbing neighbors.

If there is construction going on in your community, you may have trouble selling or renting out your home at all if buyers or renters feel uncomfortable with how close they live next door. Construction workers are often loud while they work on new buildings, which means that homes near construction sites might see their values decrease as well.

The Neighbors

The neighbors are a huge factor when it comes to your home’s value. If you want to increase the value of your home, make sure that you have good neighbors. If you have bad ones, they can lower their value by around 5%.

If you’re looking for ways to figure out who your neighbors are before purchasing a home or renting one, there are two main ways: online searches and asking people in the area such as a local real estate agent or well-known real estate professionals in the area. The first option is often easier than the second because most people like talking about themselves on the internet.

Home Updates and Major Repairs

In the world of real estate, it’s important to remember that you can’t predict the future. This means that when you’re considering home improvements or major repairs, you must be prepared for anything—from unexpected costs and changes in your renovation plan to sudden shifts in the market value of your home.

It’s also important to keep in mind that while these upgrades may increase your current value today, they may decrease its value tomorrow. If a new window or roof is installed on a house today, but then prices drop next year, and demand for new homes falls off dramatically (as happened during the recent recession), then those investments could actually hurt someone who buys that house later on. Home values are one of an investor’s priorities.

Increase your Home Value!

If you want to sell your home, it is important to make sure that it has a good curb appeal. You should also make sure that there are no problems with the interior or exterior of your home before selling. These things will help increase the fair market value of your home so when it comes time for buyers to look at homes they will be more interested in yours instead of someone else’s.