{"id":8694,"date":"2018-04-04T15:15:07","date_gmt":"2018-04-04T22:15:07","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=8694"},"modified":"2018-04-01T15:00:49","modified_gmt":"2018-04-01T22:00:49","slug":"hidden-factors-that-can-influence-the-sales-price-of-the-home","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2018\/04\/hidden-factors-that-can-influence-the-sales-price-of-the-home\/","title":{"rendered":"Hidden Factors That Can Influence the Sales Price of the Home"},"content":{"rendered":"<p style=\"text-align: justify;\">Most homeowners appreciate that things such as location, crime and neighborhood comps can have a big impact on the price of their home when they come to sell it. But few realize that there are other, just as important factors that can also influence the price.<\/p>\n<p style=\"text-align: justify;\">In a new analysis, real estate data analytics firm HouseCanary identifies five hidden factors that can have a direct impact on your home\u2019s value.<\/p>\n<p style=\"text-align: justify;\">HouseCanary said the following five factors have the biggest impact :<\/p>\n<p style=\"text-align: justify;\">1. The view angle from the backyard : The maximum angle that opens up to scenery or nature from your backyard (measured from no scenic view at all from your backyard to 180 degrees, indicating that the view is scenic from every angle).<\/p>\n<p style=\"text-align: justify;\">2. Frontage length : The length in feet of the street-facing side of the home\u2019s lot. (Frontage length was tied to an increase in home values.)<\/p>\n<p style=\"text-align: justify;\">3. Backyard exposure to neighbors : The measurement of how easily neighbors can see into a home and backyard. Privacy from neighbors was found to be an asset.<\/p>\n<p style=\"text-align: justify;\">4. Privacy : Researchers factored in backyard slope, distance to neighbors, home density, and other metrics to determine a privacy score. (The more private, the more desirable.)<\/p>\n<p style=\"text-align: justify;\">5. Backyard slope : Researchers measured the slopes of the backyards to determine the influence. Homes with downhill-sloping backyards tend to be more desirable than homes with backyards that slope uphill.<\/p>\n<p style=\"text-align: justify;\">According to HouseCanary, backyard views are incredibly important. Those counties where more homes have wider backyard viewing angles tended to see higher prices, which shows that buyers place a premium on this feature.<\/p>\n<p style=\"text-align: justify;\">Meanwhile, homes with a large frontage length saw their values boosted in 80 percent of the counties analyzed by HouseCanary. \u201cCounties in the South tend to place higher relative importance on frontage length,\u201d wrote HouseCanary\u2019s EVP of Analytics Alex Villacorta. \u201cFrontage length is going to be a bigger driver of home value in Charlotte, SC, or Athens, Ga., than it is in Salt Lake City or in San Francisco.\u201d<\/p>\n<p style=\"text-align: justify;\">Another interesting finding is that most buyers would rather not be able to see into their neighbor\u2019s backyard, as they value privacy, the study found. A lack of backyard privacy is a negative factor that can reduce a home\u2019s value.<\/p>\n<p style=\"text-align: justify;\">\u201cThe more backyard that was exposed to neighbors, the lower the home\u2019s value,\u201d Villacorta concluded. \u201cThis was especially clear in the Northeast, which seems to place more importance on limiting backyard exposure than other parts of the country.\u201d<\/p>\n<p><a href=\"http:\/\/realtybiznews.com\/5-hidden-factors-that-can-influence-the-sales-price-of-your-home\/98747712\/\" target=\"_blank\" rel=\"noopener\">5 Hidden Factors That Can Influence the Sales Price of the Home<\/a> by Mike Wheatley | Realty Biz News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most homeowners appreciate that things such as location, crime and neighborhood comps can have a big impact on the price of their home when they come to sell it. But &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2018\/04\/hidden-factors-that-can-influence-the-sales-price-of-the-home\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-8694","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hidden Factors That Can Influence the Sales Price of the Home &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2018\/04\/hidden-factors-that-can-influence-the-sales-price-of-the-home\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Hidden Factors That Can Influence the Sales Price of the Home &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Most homeowners appreciate that things such as location, crime and neighborhood comps can have a big impact on the price of their home when they come to sell it. But &hellip; [read more]\" \/>\n<meta name=\"twitter:creator\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:site\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rory Clipsham\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/hidden-factors-that-can-influence-the-sales-price-of-the-home\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/hidden-factors-that-can-influence-the-sales-price-of-the-home\\\/\"},\"author\":{\"name\":\"Rory Clipsham\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"headline\":\"Hidden Factors That Can Influence the Sales Price of the Home\",\"datePublished\":\"2018-04-04T22:15:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/hidden-factors-that-can-influence-the-sales-price-of-the-home\\\/\"},\"wordCount\":437,\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/hidden-factors-that-can-influence-the-sales-price-of-the-home\\\/\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/04\\\/hidden-factors-that-can-influence-the-sales-price-of-the-home\\\/\",\"name\":\"Hidden Factors That Can Influence the Sales Price of the Home &#8226; 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