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Here are several ways your homes value could drop without you even touching a hammer or a paintbrush.
Also see10 ways people skyrocket the value of their homes.
Bad Neighbors
Unfortunately, the neighbors youre stuck with can do more than just irritate your family.
They can also lower your homes value.
When appraisers determine home values, they use comparable sales homes recently sold in your area.
If thelocal school districts rating plummets, expect your homes value to take a hit as well.
Market Conditions
Even in the best neighborhood,wider market changescan have an influence on property values.
If youre trying to maintain your homes value, dont look at just your property itself.
Be aware of external factors that can have asurprising and significant impact.
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