Values Fluctuate

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Why do Real Estate Values Fluctuate?
Any or all of the following factors are in a constant state of flux, and are important in determining the true value of a property. Please consult a Realtor for further details on how you can use this information to better understand the process and make your best deal.

Location,Neighborhood,Climate,Schools
Proximity to Shopping, Healthcare, Culture
Proximity to Water,“Property” or Land characteristics
Tax structure,Town services
Natural surroundings, topography, power lines, view
Density of population
Residential area,not commercial,industrial, or mixed use neighborhood
Present cost to rebuild
General economy,Inflation and the value of the Dollar
Supply and Demand,available inventory
Interest Rates, availablity of financing
Multi-year Trend,Intra-year cycle (seasonal factors)
Type of Market (Buyer, Seller, or Balanced)
Condition of home,Features and amenities,Quality
Floor Plan,Obsolescence of Home,Age of Home
Motivated Sellers (People problems or Home problems)
The Appraisal factor,Available Bank property and Foreclosures
Kitchens and Baths
Staging and Illusions,Cosmetics,Landscaping
“A reason to be there”

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