August 15, 2016

5 Neighborhood Factors That Affect the Value of Your Pleasanton Home

Here are 5 things about your neighborhood that can impact the selling price of your Pleasanton home.

5 Neighborhood Factors That Affect the Value of Your Pleasanton Home

If you want to sell your home to buyers looking for Pleasanton homes for sale, you absolutely need to know the value of your property. Getting a better idea about your home value is definitely a good first step in the home selling process. Aside from that, you also need to be aware of certain factors in your neighborhood that can increase or decrease your home’s worth.

Here are 5 things about your home's surroundings that can dictate its resale value.

Here are some factors that you should consider:

1. The importance of location

For most buyers, the type of house and the condition of the neighborhood are both equally important factors that affect decision making. Buyers will surely appreciate information about schools, shopping centers, and parks including a calendar of local events if available. Doing so will give potential buyers a glimpse of what life is like in your area. Since Pleasanton school scores are so desirable, resale of homes definitely benefit from our great schools!

2. Pristine landscaping

As you check, “What’s my home value in Pleasanton CA?,” you also have to take into consideration the homes in your neighborhood. Studies have shown that lawn care has a great impact on surrounding home values. In fact, pristine landscaping can increase home value by 5 to 10 percent. Living in an area where the lawns are well maintained is an inexpensive way to make your home look more appealing. And if your lawn isn’t as green and lush as your neighbors’, a few maintenance adjustments may help. Just make sure your lawn will fit in with the rest of the neighborhood.

3. Having nasty neighbors

If your neighbors have legal and behavioural problems, these can also have a negative impact on your home value. A bad neighbor is one that has no consideration for the rest of the community. One of the most common problems is having neighbors who frequently make noise or host loud parties.  More serious problems include living near known sex offenders, convicted criminals, and those that are still actively engaged in criminal activities.

4. Living near hospitals

Living near hospitals may seem like a great idea. After all, what can be more convenient than being within easy access to a good medical facility. Looking from a different perspective, living near one also means being woken up by ambulance sirens or helicopter in the wee hours of the morning. Being near a hospital can also decrease your home value by 3 percent. The good news is that in real estate, 3 percent is not a lot so obviously there are still many buyers who are willing to overlook the noise and chaos in favor of being a stone’s throw away from medical care.

5. Living near a funeral home

Some people are ill at ease with the thought of living next to a funeral home. Some might believe that you can get bad spiritual energy from living near one. The location would most probably affect your future resale and can lessen your property value by 6.5 percent. While the neighborhood would be quiet most of the time, any services held at the funeral home could cause an inconvenience in terms of traffic, parking and noise.  Many home buyers just find that homes for sale near a cemetery are not a good option while others simply aren’t bothered by it.

Your trusted real estate agent can help you strategize amidst these neighborhood factors. Aside from that, this experienced real estate professional can also provide you with your “free home value for my home in Pleasanton CA.”

Check out if you need assistance in selling your Pleasanton Ca home or need help knowing where to start.

If you are looking for a Pleasanton luxury REALTOR® who can help you sell or buy your dream luxury home, call me, Rhonda Fee, at 925-200-0827. You can also text 925-660-7110 with any of these codes: seller411, buyer411 or homesearch. With my extensive experience and knowledge of the Pleasanton luxury real estate market, combined with a track record of satisfied clients, your next transaction will be the best move you’ve ever made!

Rhonda Fee

I am a REALTOR @ Aspire Realty Services
4713 First St. #285,
Pleasanton, CA 94566
My clients are my business; without them my business can’t exist. I work very hard for the money I earn and pride myself on never pushing a client to make a decision when they are not ready. The process is about them, not me.

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