8 critical factors that influence a houses value

1. Neighbourhood

Every house has a price for a specific reason. The reason compiles of various factors which ultimately revolve around a few very key details. In this article we’ll be diving a bit deeper into those factors and recognising why they play such an important role in the valuation of a house. The first is the neighbourhood. A good neighbourhood will always increase the price of a property, irrespective of the price. People like areas which are higher in class, less known for crime and poverty.

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