Quote:
Originally posted by GDSOB
Even identical houses in the same area can vary significantly. Some factors off the top of my head:
View
Corner lots - negative
Cul-de-sac lots - positive
Usable back yards - more is better
Traffic
Power lines
Neigbors
Proximity to lower valued or commercial properties
All this makes objective valuation just about impossible. I'm working with a buyer who is an engineer and is armed with spreadsheet covering every possible metric. But his wife has final approval and she could care less about his spreadsheets.
|
Yes! I've always thought corner lots were less desirable. Damn, I should have included variables for corner/non-corner lot and busy/quiet street in my spreadsheet.
THe house I'm currently looking at is on a corner lot, on a semi-busy street, w/ almost no back yard . . . but in a prime neighborhood and great curb appeal.