4 min. read By Jason Gelios There are many factors that can bring a home's value down. While some are really obvious, here are four that are not so obvious to spot.
1. Bad School A neighborhood can really drag down a home's value. It is important to research the local school districts BEFORE making your next purchase. 2. Strip Club While strip club's can appeal to certain crowds, it does not appeal to increasing a home's value. This is one of the worst types of features that can be near a home. 3. Power Plant Not in the mood to crank up the juice? Living near a power plant can dramatically hurt the value in a home. It is nowhere near attractive to live by one. Not to mention the perceived health risks too. 4. Shooting Range Think living near a gun range is safer? In terms of home values it isn't. A gun range brings the value down big time and gives the area an overall poor image. While there are certainly features to look out for when shopping for a home, it is important to do the homework to determine the best home purchase for your needs.
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AuthorJason Gelios is a Husband and Father. After that, a Top Producing REALTOR®, Author of the books 'Think like a REALTOR®' and 'Beating The Force Of Average', Creator of The AskJasonGelios Real Estate Show and Expert Media Contributor to media outlets across the country. Archives
January 2025
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