Great question from Zillow user Merdot in Los Angeles who asks in Zillow Advice:
What kind of value does a view add to a home?
Assume you have 3 identical houses in the same neighborhood:
1. Down the hill. Its view is blocked by a huge hill. Very depressive!
2. On a flat land with no view and no blocking.
3. On top of the hill with unbelievably spectacular 270 degrees view of the city lights and hills.
You want to put them on the market at the same time. Your asking price for the #2 is one million dollar. What are your asking prices for the other two?Come see what real estate agents and the Zillow community have to say about what values they would ascribe for a view.
Do you have a real estate question? Come ask it in Zillow Advice.
How Do You Place Value on a View? | Zillow Blog - Real Estate Market Stats, Celebrity Real Estate, and Zillow News -Los Angeles-Platinum Triangle-Beverly Hills-Bel Air-Holmby Hills-Sunset Strip-Hollywood Hills-Luxury Estates-Celebrity Homes-Homes For Sale-Listings-Realtor-Real Estate – http://www.ChristopheChoo.com
Posted on: Beverly Hills Real Estate-Beverly Hills Homes For Sale
No comments:
Post a Comment