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Home Valuation

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Factors Affecting Home Value

Most of us know the mantra that answers," What are the top three factors that determine a home's value?" If you responded "Location, Location, Location" you're right. But what makes for a good location? And what is it about a particular home that gives it value?

Part of the answer is subjective – one person's ideal feature can be another person's deal breaker. But in general there are factors that affect a home's value and attract, or detract from its appeal to buyers.

Virtually every buyer will be a seller one day, so it pays for both potential buyers and sellers to pay attention to the characteristics that help determine how you present or future home will be valued relative to similar properties in your neighborhood:

Home Characteristics:

  • Area (square feet)
  • Structural condition
  • Total number of rooms
  • Number of bathrooms
  • Number of bedrooms
  • Fireplace(s)
  • Central air
  • Full, dry basement
  • Size of garage
  • Energy efficiency, utility costs
  • Landscaping, curb appeal

Community Characteristics:

  • Quiet, safe, clean, attractive neighborhood
  • Overall positive public perception of the community
  • Adequate fire and police protection
  • Quality public schools
  • Libraries and other cultural institutions
  • Proximity to shopping, restaurants, recreation
  • Access to public transportation
  • Well maintained infrastructure; roads, parks and other public recreation facilities
  • History of solid property values
  • Planned changes to zoning, or proposed development projects that could significantly alter the character of the community


For most families, their home is their largest financial asset, and deciding to sell it is a big decision that involves a lot of preparation and work. When you're ready to sell it's important to have an experienced real estate professional handle the details involved in the successful sale of a home for top dollar.

As an experienced professional who has helped many Millville residents sell their homes, I know how to handle every aspect of the sales process - from strategically marketing and showcasing your home to making sure everything's signed, sealed and delivered by the closing date.

Providing you with comprehensive, high-quality listing service is my top priority. So when you decide to sell your home, please contact me and let's get started!

The following articles are a great place to start if you're looking for information about the sales process and how you can get more for your home when you decide to sell.

The Basics of Marketing Your Home How to Set a List Price for Your Home
Get Your House Ready to Show Buyers Why Use a Realtor when Selling a Home


Perhaps the main reason many people choose a particular home is that it simply feels like home. Smart buyers and sellers also keep in mind that a home also represents a big investment in time and money.

Before you decide to buy or sell, talk to us about a comparative market analysis. We're been in the business of fulfilling the dream of homeownership, and we bring the world to your doorstep.