How does my neighbor's property affect my home's value?
A well-maintained neighboring property can boost your home's value by improving the overall appeal of the block. Conversely, a neglected property with overgrown landscaping, junk, or deferred maintenance can drag down your home's value by making the neighborhood less desirable. Buyers evaluate the entire street, not just the home they are considering.
Why It Matters
Neighborhood condition is a key factor in buyer perception. A declining street can limit your home's appreciation regardless of your own improvements.
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