When it comes to real estate, the most important factor has always been and will always be location, location, location. If you’re in an undesirable location, it will impact your home’s value. A poor value makes it harder to sell.
There are certain landmarks that have an effect on your home’s value. They include:
Emergency rooms – If your home is near a hospital emergency room, it could drag down the value of your home by nearly 7%.
Highway – Living near a main highway will drop the value of your home by 11%.