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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.
August 26, 2004, 8am PDT | Abhijeet Chavan | @legalaidtech
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"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 The Guardian Unlimited
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