Here’s a sample of some of the factors that realtors have to take into account when giving you a market value of your home. They vary by town, obviously, but will give you some reality points when getting ready to buy or sell.
- Located on main thoroughfare:
Price Effect: Minus 10%
Time Effect: Add 20% - Very steep driveway up to the house:
Price Effect: Minus 5%
Time Effect: Add 10% - Driveway down incline to house:
Price Effect: Minus 5%
Time Effect: Add 10% - Gully or very steep drop-off behind house:
Price Effect: Minus 5%
Time Effect: Add 4% - Creek behind or around house:
Price Effect: Minus 3%
Time Effect: Add 3% - No tall trees around house:
Price Effect: Minus 2%
Time Effect: Add 2% - Electric heat:
Price Effect: Minus 10%
Time Effect: Add 15% - No self cleaning oven:
Price Effect: Minus replacement cost
Time Effect: None - Spanish architecture:
Price Effect: None
Time Effect: Add 15% - House facing school or business property:
Price Effect: Minus 8%
Time Effect: None - Power line behind or in view of house:
Price Effect: Minus 7%
Time Effect: Add 25% - Bedroom with different color carpet:
Price Effect: Minus replacement cost
Time Effect: Add 5% - Living room or family room with red carpet:
Price Effect: Minus replacement cost
Time Effect: Add 5% - Cat door:
Price Effect: None
Time Effect: Add 10% - Backyard unsuitable for children to play:
Price Effect: Minus 2%
Time Effect: Add 10% - 2-story drop off deck:
Price Effect: Minus 3%
Time Effect: Add 25% - House exterior needs painting:
Price Effect: Minus 3%
Time Effect: Add 5% - Interior needs painting:
Price Effect: Minus 3%
Time Effect: Add 5% - Bright color or flowery wallpaper:
Price Effect: Minus replacement cost
Time Effect: Add 3% - Cluttered or messy basement:
Price Effect: Minus 1%
Time Effect: Add 5% - Swimming pool:
Price Effect: Add half the cost of the pool plus hardscape
Time Effect: Add 25%
If you like this you’ll like Mike Hunter, the House Hunter as your Realtor even better. He knows the Sudbury market and has represented many happy Sudbury households to buy or sell for years. Please feel free to forward his profile to others you feel would benefit from his services.
Call Mike 978-580-1069 today.
For a full list of architectural styles click here.
People also ask about other House Styles of New England click here
Mike Hunter … expert Metrowest Boston real estate advice and simple results-driven transactions
