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You are here: Home / Blog / How your home’s location affects your property’s value

How your home’s location affects your property’s value

As you prepare to put your Scottsdale home on the market, you’ll want to pay attention to the details that buyers will be considering most as they search for their new home. One major factor is location, but why exactly does that matter so much?

There are a few reasons that your home’s location makes such a difference when it comes to value. Here are the main points to consider:

Major Amenities

Buyers in most cities want to be within a short drive of at least one grocery store, shopping mall, hospital, coffee shop, and other modern amenities. Otherwise, they will have to plan a day trip just to get some groceries or a cup of coffee. There’s also the risk of living too far from a hospital, or at least an urgent care center, if something comes up. Fortunately, most Scottsdale homes – especially the ones in DC Ranch – are surrounded by these amenities, which buyers appreciate. Market Street is right around the corner, where there is a Safeway, and the HonorHealth Scottsdale Thompson Peak Hospital is just down the road on Thompson Peak Pkwy.

Schools

For those who have children or plan to, the quality of schools in the area is as important as almost any other factor when buying a home. While Realtors cannot legally say a school district is “good” or “bad,” you can still note how close your home is to nearby schools in your district. Have your Realtor make note of the closest elementary, middle, and high schools so they are knowledgeable about these factors when showing your home to potential buyers. The Scottsdale Unified School District consistently ranks among the best in the United States, which any buyer doing their research will easily be able to find out without your Realtor having to disclose that information.-

Low-crime area

It should come as no surprise that when your house is in an area with little crime, you can expect a lot of buyers to be interested in it based on this detail alone. It’s now easier than ever to find out about local crime reports online, which is a fantastic advantage to you as a seller since Realtors also many not legally say an area is “good” or “bad.”  That being said, as you try to sell your Scottsdale home, you’ll be glad to know that the crime rate is quite low in our city, something which you as a seller as welcome to share with anyone you talk to about your home.

Nearby freeway

Anyone who commutes is going to want a freeway within a few miles of their house. That’s because the drive to and from work can take much longer when you have to stop at several stop signs and red lights. If your Scottsdale house is within about 10 minutes of a freeway – which applies to homes in the DC Ranch area – that bodes well for your property value and the chances of your home selling faster. The 101 Pima freeway is the main artery for the entire city, and most homes in North Scottsdale are only a few miles north of there.

Amazing views

Whether your house overlooks a golf course, lake, or the valley below it, you can look forward to higher property values. Great views are great for your bottom line. They can increase your home’s value by 40-80%, on average. But even on the rare occasion that a view only increases value by a small percentage, it usually vastly increases the home’s appeal to buyers, meaning it gets sold faster than comparable homes without views. So, if you live on a golf course property in DC Ranch or Silverleaf, or have a breathtaking view of the McDowell Mountains, you can expect some extra interest from buyers who appreciate great views as much as you do.

If you have any questions about the buying or selling process, The Matheson Team is always available to answer your questions and get you started on the home selling process.

Don Matheson
Realtor | Founder
The Matheson Team – RE/MAX Fine Properties
21000 N. Pima Rd., #100, Scottsdale, AZ 85255
480-360-0281 
don@scottsdalerealestate.com

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About the Matheson Team


Consistently one of Arizona’s top-performing real estate teams, The Matheson Team is renowned for their expertise, top-notch customer service and all-around excellence. The Matheson Team specializes in Scottsdale real estate, including luxury homes, golf homes, active-adult homes and much more.

RE/MAX Fine Properities

The Matheson TeamRE/MAX Fine Properities
21020 N. Pima Rd.
Scottsdale, AZ 85255Connect with us:
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