What's Parked In The Street Can Change The Value Of Your House
What your neighbor drives can increase or decrease the value of your house.
"Other offenders include white vans, which can knock 11% off a property's value, because potential buyers will worry the image of white van man will lower the tone of the neighbourhood, while having an abandoned car nearby can reduce prices by 7% as it suggests the area is run down with a high crime rate. ..Premier sports cars top the league for snob appeal, raising house prices in the street by around 12% by making the area appear affluent."
Thanks to Abhijeet Chavan
Full Story:
Published on Wednesday, August 25, 2004 in
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