2007-01-31 11:46:12 · 5 answers · asked by Caribou2 1 in Business & Finance ➔ Renting & Real Estate
Location, demand, city improvements, appearance, .... etc.
Many things. Keeping a place updated, painted, landscaped. If the town or city plans improvements in the area, that helps. If they put in 40B (low income housing) in the immediate vicinity, it will typically lower the value. If there is city water and sewer, that's a plus!
I think you would need to be a bit more specific, about what you have and where the town house is. I hope this was a help!
2007-01-31 11:56:25 · answer #1 · answered by JSB 4 · 0⤊ 0⤋
Dont listen to those previous answers. I am about to let you in on a little secret. A secret thats been hidden from you and the general public for generations. Hopefully they wont find me and kill me for telling you this. There is actually a little real estate fairy who sets the prices of all real estate. He is very moody. For the last 5 years he has been feeling like a giver, running up real estate prices all across the country. Unfortunatly the crude oil fairy just gave him a nasty case of the clap. He is very anger and he will take it out on the net worth of millions of americans over the next few years. This message will self distruct.
2007-01-31 11:56:19 · answer #2 · answered by Chris J 2 · 0⤊ 0⤋
location and scarcity..or put another way....supply and demand
I would strongly advise agains buying one. its basically a condo, which comes with an "association fee" every month. with a house, if you dont want to water the lawn...dont water it, end of story.
You also have more freedom with a house, and they tend to appreciate at a better rate than a condo.
2007-01-31 11:55:36 · answer #3 · answered by AA 3 · 0⤊ 0⤋
same as above.. Supply and Demand
2007-01-31 11:49:30 · answer #4 · answered by tchem75 5 · 0⤊ 0⤋
Supply and demand...........................................
2007-01-31 11:48:48 · answer #5 · answered by Common Sense 7 · 0⤊ 0⤋