EXERCISE 18.3 Neighborhood and home considerations

Neighborhoods with a large percentage of home ownership are generally more desirable than neighborhoods that consist primarily of rental homes.
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Home buyers should avoid neighborhoods where the houses are very similar in design, as the visual monotony harms property values.

The value of a property is likely to decline if surrounding properties are changing from residential to commercial uses.

A steeply sloped lot is preferable to a level lot, since it’s more likely to offer a pleasant view.

Placing a bedroom next to the living room or family room is considered a design deficiency.

Clock-controlled thermostats, insulation-wrapped water heaters, and weather stripping are all features that make a house more desirable.

A house with three or more bedrooms should have, at a minimum, two bathrooms.