Eastern Connecticut Home Finder

208235 Resource 125794 125888 125888 1214877164042 1214878074848 Controlled Connecticut Condo with a View

Determining value or not...

There are many factors to consider when determining the value of real estate.  In  addition to square footage, condition and amenities, there are things like steep driveways, busy roads, power lines, and bright colors.  In New England, swimming pools don't necessarily add value like they would in Florida or Georgia. Electric heat can negatively affect value despite rising oil costs. Water, mountain and sunset views increase value.I recently completed a market analysis on a foreclosed condominium in the Jewett City area of Griswold.  This condo has a view. Unfortunately, the view is of a cemetery. A very close up view of a cemetery.  Out of every back window. You get the picture.  Actually you really do get the picture since you will find a picture below of the view from the bedroom window. <img style="WIDTH: 421px; HEIGHT: 302px" height="302" alt="Connecticut Condo" hspace="0" src="http://farm4.static.flickr.com/3001/2622281342_8dfbaf7ec9.jpg" width="421" align="baseline" border="0" />So how much is that view worth in time and money?  For my analysis, I deducted 5%.  I also assumed an increase in days on market. There are some buyers that won't consider this condo no matter what the price. I'm hoping others might enjoy the benefit of having quiet neighbors.  9 application/xml Connecticut Condo Connecticut Foreclosure Eastern Connecticut Home Finder Search Connecticut Condos and Foreclosures http://www.easterncthomefinder.com false Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1; SV1; .NET CLR 1.1.4322) 127.0.0.1 127.0.0.1 ldavis 71.235.20.152 false true false false true 205810 false false true false false false true 125794 blog blogsite/CTRelocation/web