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30 December, 18:32

Who is primarily responsible for determining the market value of the home you want to buy?

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  1. 30 December, 20:38
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    there is no "individual" person or a central authority that dictates the market value of a home, instead, it is influenced by several market conditions and factors such as,

    External characteristics: home condition, lot size, popularity of an architectural style, water or sewage systems, sidewalk, paved road and so on.

    Internal characteristics: size and number of rooms, construction quality, appliance condition, heating type, energy efficiency and so on.

    Supply and demand

    Location
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