What effect does location have on Value?


I was doing an appraisal today in Long Beach, and came across this area.  The wall you see in the video is the sound wall for the 405 Freeway, you can here the noise from the freeway over the wall. The road is a one way street from the neighborhood, but is also and exit from the freeway feeding to anther main road.

Do you think these external factors will have an effect onthe value of the home on the corner. do you think a home in the middle of the neighborhood might sell for more?

Let me know what you think.

Did you like this? Share it:

Tagged as:  ·