News From Terre Haute, Indiana

Real Estate News

April 2, 2012

How Outdoor Space Can Help Sell Your Home

- — Humorist Fran Lebowitz once wrote,

"The outdoors is what you have to go through to get from the apartment into the taxi."

But she’s an exception. When considering a new property, nearly every home buyer considers the outdoors in some way as a requirement for a property they’re considering.

If the buyer is looking for a home in the suburbs, they want to know about the size of the lot, access to the yard, whether or not there’s a pool, or the location of the lot in relation to the neighborhood.

Some buyers love properties on corner lots; others, not so much. In more urban areas, buyers want to know if a property has any outdoor space at all and, if not, where is the nearest park?

Big cities, small spaces

Brooklyn townhouse for sale has coveted outdoor patio

Just having some outdoor access doesn't always do the trick, either, unless you’re in a large city like New York, where private outdoor space is few and far between and therefore something to be coveted. New York City apartments with a deeded, usable outdoor space often sell for 20 to 30 percent more than the same apartment without the highly sought-after outdoor access.

The key word when identifying the value of outdoor space is “usable.” Having usable -- easily accessible — outdoor space from the house that can be enjoyed most of the year definitely helps sell a property. This is why, if you’re a seller and you've got the goods, you should make the extra effort to showcase your deck, yard or patio.

If you have outdoor space but it’s detached from the property — like a backyard one floor below a condo, to which you have rights but no easy access — you should still point it out to potential buyers. Just realize that they aren't likely to pay as much for your place as they might for a similarly configured and priced property that offers direct, easy outdoor access.

Text Only | Photo Reprints
Real Estate News
Latest News
TribStar.com Poll
AP Video
NASA Showcases Lunar Eclipse Ukraine: Military Recaptures Eastern Airport Raw: Storm Topples RVs Near Miss. Gulf Coast Pistorius Cries During Final Cross-Examination Raw: Kan. Shooting Suspect Faces Judge Tributes Mark Boston Bombing Anniversary Raw: Horse Jumping Inspires 'Bunny Hop' India's Transgenders Celebrate Historic Ruling Police: Woman Stored Dead Babies in Garage First Women Move to Army Platoon Artillery Jobs US Supports Ukraine's Efforts to Calm Tensions Michael Phelps Set to Come Out of Retirement The Boston Marathon Bombing: One Year Later New Tactic Deployed in Search for Plane Scott Brown Announces Run for U.S. Senate in N.H Sex Offenders Charged in Serial Killings Popular Science Honors Year's Top Inventions Suspect in Kansas Shootings Faces Murder Charges OC Serial Murder Suspects May Have More Victims Police: Blast in Nigerian Capital Kills 71
NDN Video
8-year-old Boy Gets His Wish: Fly Like Iron Man Toddler climbs into vending machine Much-Anticipated 'Gone Girl' Trailer Finally Debuts! (VIDEO) Dog and Toddler Wear Matching Outfits in Adorable Photo Series VP Biden: "World witnesses ordinary citizens doing extraordinary things" It's Official! Michael Strahan Joins "GMA" Blood Moon Time-lapse Actress Lake Bell Goes Topless The Five Weirdest Local Taxes in America Applicants Vying for 'World's Toughest Job' Get Heartwarming Surprise Awkward: Crist catches Lt. Gov. insulting him on camera NASA Showcases Lunar Eclipse US Airways Tweets Graphic Photo of Nude Woman Behind the scenes of the Marathon anniversary photo shoot American Airlines Responds After Girl Tweets Alleged Terror Threat 'Joke' Charlie White's "Dancing" Mistake Olympic Great & Baltimore Native Michael Phelps Ends Retirement; Eyes Rio 2014 NFL Draft: Potential Booms And Busts William and Kate Squash Baby No. 2 Rumors With a Wine-Tasting Trip Who Showed Up at Coachella?
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
  • -

     

    March 12, 2010

activity