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How Proximity Affects The Value of Your Langebaan Home

Zulika van Heerden

Zulika van Heerden

If you need a quick real estate brain, or a strong dose of honesty when buying or selling
your home, you’re in the right place. Loyalty to family, clients, and friends is one of my
core values.

Zulika van Heerden

Zulika van Heerden

If you need a quick real estate brain, or a strong dose of honesty when buying or selling your home, you’re in the right place. Loyalty to family, clients, and friends is one of my core values.

Location, location, location.

You’ve definitely heard how important this is in real estate — and that’s because it’s true! Location is a crucial factor when it comes to the value of your home. Not only does what part of town you are in matter, but what is physically near you can actually help or hinder your property value. We put together a list of the most important proximity factors that will increase as well as decrease your home value.

Factors that INCREASE home value

1

Schools

Homebuyers who have children are willing to pay more to live in a home that is closer to schools, especially ones that have a good reputation and high academic scores.

entertainment

Entertainment

In most cases, homes that tend to be in walking distance from entertainment opportunities like a movie theater, golf courses, and parks usually sell for more money than homes farther away.

shopping

Shopping

Homes with a close proximity to supermarkets and malls usually sell for more. Being close to a popular grocery store like Spar has shown to increase the value of property.

outdoor rec

Recreation

Having great scenery and access to outdoor recreation like walking trials, mountain biking, surfing, swimming, stand up snorkeling, and parks usually increase a home’s value.

views

Views

A nice view is always a great selling point when it comes to a home. Depending on the location, things like ocean views, or golf courses tend to increase value and even help sell your home faster.

tech

Technology

A smart home can do more than just making your life more comfortable. It can improve your home value. So, whether you decide to add solar panels, smart thermostats, or grey-water recycling systems, you can’t go wrong!

Factors that DECREASE home value

power plant

Factories

Besides being an eyesore, toxic emissions released from factories will not only decrease the air quality but the value of your home. Obviously you don't want your house to be too close to factories.

busy areas

Busy Areas

Although being close to railroad tracks, airports, and busy intersections is convenient for when you need to leave, it can be pretty noisy when you are at home which could drop the value of your home.

crime

Crime

If a home is situated in a bad part of town it can decrease the value of the home. So neighbourhood crime rates can have a seriously negative impact on the value of your property.

bad schools

Bad Schools

As we said above, good quality schools are a big priority for some home buyers so homes located in areas with a low-ranking schools could hurt home values.

cemetery

Cemeteries

Whether you believe in ghosts or not, the thought of living near a cemetery or funeral home is a bit eerie. So living near a cemetery or funeral homes could negatively impact your home value.

hospitals

Hospitals

You may think that being right around the corner from a hospital is a good thing in the case of emergency, but with hospitals comes ambulances and sirens. And there’s no telling what time of day or how many times a day you might hear these noises.

Get Your Langebaan Home’s Value Online.

The market has shifted, and home values have changed. If you’re curious about the value of your property click the button below. 

Get Your Home’s Value Online

The market has shifted, and Langebaan home values have changed.

If you’re curious about the value of your property click the button below. 

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