Factors that affect the value of a house.

[Niyi Briggs]

Location is a critical factor in determining the value of a house. Properties in desirable areas, such as those near amenities and good schools, tend to have higher values than those in less desirable areas.

Additionally, the local real estate market, including factors such as supply and demand, can also greatly impact a home's value.

 

[Shavkat]

It cannot be denied that houses in big cities are expected to be expensive. I hope I could have my own house in our city in the future.

 

[flower]

There are certain factors that affect the value of a house and it is based on location. if it is located in a commercialised area then the value will worth more done if it is located in the urban areas.

 

[Springtime]

There are many factors which determine the value of a house, including the location, the age of the house, the size of the house, the physical condition of the house. Other than that, the demand of housing in the market is also a major factor.

 

[eldavis]

True, i know of someone some time back who wanted to rent out his property but he was finding it hard to rent it out cause many clients didnt like the location. In the end he had to reduce the price value a lot before he go get a client.

 

[flower]

There are numerous factors that affect the value of a particular structure and I think location plays a pivotal role in determining the value of a particular property that is to be sold.

 

[Niyi Briggs]

After the location of the house, the nature of the house also affects the value. You won't value a duplex the same way you value a bungalow. Also, the facilities in the house greatly affects the value of a house.

 

[IB D]

The value of aa property is largely determined by the location of that property. If you are pricing a property in an emerging estate, it would be much cheaper than an established estate.

 

[Bisolami]

It cannot be denied that houses in big cities are expected to be expensive. I hope I could have my own house in our city in the future.

That is right
The location of a house really matters a lot. It is important for the house to be in a very good location.

 

[Reedex]

The value of a house is strictly affected by the location it is situated.

 

[Bisolami]

The value of a house is strictly affected by the location it is situated.

It is affected by the location and the people who wants to rent the house need to know if they always have light in the area or not

 

[gammarays]

The major factor that determine the value of a house is the location. A house located in urban areas will be more expensive than houses in less busy areas. Also a new house will get more value than an old house.

 

[Bisolami]

The major factor that determine the value of a house is the location. A house located in urban areas will be more expensive than houses in less busy areas. Also a new house will get more value than an old house.

And it also depends on how the house looks like because I cannot just rent any house that is in a good location even though the house is very bad

 

[gammarays]

And it also depends on how the house looks like because I cannot just rent any house that is in a good location even though the house is very bad

Yes the furnishings in the house also determine the value of the house. However people love to rent houses in busy areas in the city no matter how bad they are. They prefer places where they can trek to work or just pay a little money.

 

[Bisolami]

Yes the furnishings in the house also determine the value of the house. However people love to rent houses in busy areas in the city no matter how bad they are. They prefer places where they can trek to work or just pay a little money.

And I cannot even rent a house that I will be expected to repair anything that is not good in the house when I have not moved into it

 

[gammarays]

And I cannot even rent a house that I will be expected to repair anything that is not good in the house when I have not moved into it

Yes everyone has a test when renting houses. With the rising cost of apartments especially in cities, people without money may decide to rent old houses that are cheap. If you have the money, you'll like to rent something good.

 

[riberet19]

I think the factors can be the location and climate in question of the location of the services you have nearby, that is, if there are hospitals, supermarkets, pharmacies etc nearby, the interior of the house and its square meters etc ..

 

[LoukiaCharilaou]

There are several factors that affect the value of a house but I think that location is the most important factor of all.

 

[Bisolami]

Yes everyone has a test when renting houses. With the rising cost of apartments especially in cities, people without money may decide to rent old houses that are cheap. If you have the money, you'll like to rent something good.

Anybody who wants to rent a good house needs to have a reasonable amount of money.

 

[cherry123]

The fact is the value of a property is really determined by the location of that property. If you are pricing a property in the urban centres it would be expensive