Does a Busy Street Affect Your Home Appraisal? | Home Appraisal Guide
www.dmaappraisers.com Does a Busy Street Affect Your Home Appraisal? Home Appraisal Guide How Location Nuances Within the Same Neighborhood Impact Market Value on Long Island When homeowners consider what affects their property's value, they often focus on the home's size, the number of bedrooms, or recent kitchen renovations. However, one factor that significantly influences a home appraisal is often overlooked: the street the home sits on. On Long Island, where neighborhoods can shift dramatically from block to block, a home on a busy commercial corridor can appraise for notably less than an almost identical home just two streets away on a quiet residential cul-de-sac. Understandin...
