Terra Caribbean - Blog

Factors That Affect Residential Property Values

Posted on Wed May 20, 2020 | By Marissa Justin, Valuer

When it comes to buying or selling a home, there are a few factors that one should always take into consideration as it relates to pricing. The buyer wants a great deal and the seller wants as much as they can get for their property. In the end, both should feel that they got a good and fair deal. To help you (whether you are the buyer or seller or both) make informed decisions and have a realistic approach to the potential current value of a home, we have highlighted some basic characteristics that affect the value of properties.