Real estate is all about location, location, location! It’s no surprise that what affects home value more than anything else is your proximity to certain places.

Being near public transportation stops in general raise home value as much as 41%. If you’re within a quarter mile of a Starbucks, your home value increases about 21%. In general, buyers seek to be closer to shopping and community activity and 21% of buyers will pay to be in walking distance of their kids’ schools.

Some factors working against your home value include living near a busy road or freeway, loud railroad tracks, or telephone poles.

Team Teresa Williams can meet all of your real estate needs and provide more information on how your home’s nearness to certain locations play a huge role in determining its value for better or worse. If you or a friend are looking to buy or sell a home, contact Teresa Williams today!