| How important are your neighbours? |
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financechoices
Senior Member
Cash: $ 53.79
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Joined: 04 May 2005
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| How important are your neighbours? |
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Changing neighbours can add - or remove - as much as £32,395 from the value of your home, new figures show.
Research from propertyfinder.com reveals that while the perfect neighbours can add more than four per cent to your house price, squatters settling next door can lower it by four times this amount.
The ideal neighbours were seen as a childless couple, followed by old age pensioners. Singles and families with small children could also boost house prices - but not by as much.
On the flip side, squatters remove the most value from your property, followed by students. Families with teenagers and flat-sharers also lower house prices - but by a far lesser extent.
So, do your neighbours add or subtract value from your home?
UK Finance Forum | Loans | Credit Cards
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Fri Jan 27, 2006 1:42 pm |
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Fern
New Member
Cash: $ 0.60
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Joined: 17 Mar 2006
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Yes, i've always been very aware of this fact, maybe becus some of my neighbors are less than ideal. Two of them rode ATVs and mini bikes around the yard. Luckily, one of them moved, but i have continuing problems with the other, who has refused to restrict her teens in any way, despite this being 1 acre zoned residential neighborhood.
Neighbors across the street play the radio loudly, their dog barks at anything. The other neighbors to my side are nice, a nice quiet retired couple.
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Fri Mar 17, 2006 8:00 pm |
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