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These lesser-known factors affect your home’s value.

Now that you’re thinking about putting your home up for sale, you might know more about real estate than you think. For example, you know that square footage, the number of bedrooms, and the location heavily influence the value of the home.

However, those obvious factors aren’t the only considerations to calculate your home’s property value. Other, less obvious features can negatively and positively affect the price.  You may be surprised to learn that the following factors play a significant role in the value of your home.

The name of the street. Believe it or not, studies have shown that people typically prefer their street name to be an actual name not a number. Who knew?

Lifestyle. The closer you live to your neighbor, the more important it will be for your lifestyle and habits to be similar.  For instance, is the neighborhood noisy?  Are you in a highrise with residents that stay up late and wake late while your job requires you to go to bed early and wake early?

Mature trees. Mature trees can enhance property values, so take a trip to your local nursery to discuss the best tree options for your home.  If you are considering landscape options, plant trees strategically to avoid roots from growing and causing future damage to foundations and driveways.

Crown moldings. If you’ve worked hard to select just the right neutral and serene paint color scheme to attract most buyers, consider including crown moldings. While everyone seems to love high ceilings, the majority of homebuyers prefer crown moldings. Even if you have low ceilings, adding this visual feature could boost home value.

Proximity to stores. Being close to supermarkets and malls adds value to your home, but a few stores are like gold to homebuyers! If your home is close to Starbucks, Trader Joe’s and Whole Foods, the property may increase significantly in price.

Death on the property. In some states, including California, sellers must establish if there has ever been a death on the property. This material fact can be a deal breaker for some buyers but not cause any hesitation for others.

Now that you know what factors affect your home’s value, be sure to talk to a professional to get the best price for your house. To get started, contact Jenn Blake Real Estate Group at Pacific Sotheby’s International Realty in San Diego, California at 858-663-6788.