America Is Another Name for Opportunity [INFOGRAPHIC] « Is the Health Crisis Driving Buyers Out of Urban Areas?The information contained, and the opinions expressed, in this article are not
How to Retain Your Home's ValueA house can depreciate, or lose value, for a variety of reasons. Consider the following:
Location – Weigh the area. Buyers may not be interested in a house near a highway, train station or airport. People generally prefer homes located relatively close to schools, stores, restaurants and parks.
Local Issues – Pay attention to neighborhood factors. A house can lose value if several properties are in foreclosure in a small area, or because of crime, under-performing schools or troublesome neighbors.
Maintenance – Address any serious problems, such as a leaking roof, a damp basement, drafty windows or mold before you put your home on the market.
Curb Appeal – Trim the grass, prune the trees and plant a garden. Painting the house or replacing the siding can give potential buyers a positive first impression.