Besides the obvious factors like square footage, number of bedrooms and bathrooms, lot size, and location, do you know what other factors determine home value? You’d be surprised! Other, less obvious features can negatively or positively affect your property value — features you may have never considered. Here are 5 surprised factors that can affect your property value.
1. The Name of Your Street
People typically prefer the street they live on to have a name instead of a number. According to a study by Trulia, “street” is the least expensive address suffix by price per square foot, and “boulevard” is the most expensive.
2. Your House Number