Wondering how property value is determined? You’ve come to the right place.

Property value is not so cut and dry as it may seem, and many variables affect it. Your property value will change over time, impacted by things such as the economy and new renovations.

Let’s break it down. Here are the top 6 things that impact your property’s value.

  1. The state of the market
  2. The size of the property
  3. The condition of the property
  4. The location and neighborhood
  5. The age of the property
  6. Upgrade and add-ons

Do you still have questions, or want to learn more? Reach out today!

Traciehall@kw.com