Buying/Selling A Property Tip - What Might Affect The Property Value?

Regardless of whether you are buying or selling, look for other things that might affect the value of the property and consider what you might be able to do about it.

If you are buying; look at what might reduce the price you pay, the resale value, or amount of work or money required to rectify the problem (if if can be fixed). If the problem can't be fixed, are you prepared to accept this situation.

If you are a seller; think about things that might make the property more difficult to sell, or that might restrict the market you are appealing to, or that might limit the price you get for the property. What can you do about these things?

Here are some examples of things that could affect the value or appeal of a property:

• Are there high tension wires or cell phone sites nearby?
• Is the property affected by high trees that block the light or winter sun?
• Are there noisy or smelly factories nearby?