Which is the most important factor in the price of housing?

1 answer:

8 0

My answer in regards to the most important factor in house pricing would be: Location.

If the house is located in a bad neighborhood or is simply a large house surrounded by small houses, the value of the house goes does (meaning the price decreases). Also, the average price of the surrounding houses affects the house's price. Example: if you are going to sell your house which is small in a nice neighborhood with large houses, the value (price) will go up on your house.

So in short, location is often a large determination in house pricing.

Hope this helps! :)

You might be interested in

Which pair of numbered statements best completes the chart related to

nikitadnepr [17]

Answer:

I got the question wrong, test reveled the answer and its D

7 0

2 years ago

How many years before ratification of the 19th amendment

dusya [7]

A month and nine days

5 0

2 years ago

The early cities of Mohenjo-daro and Harappa were located?

Mars2501 [29]

Generally speaking, the early cities of Mohenjo-daro and Harappa were located "<span>A) On the coast of India", since these were part of the Indus Valley Civilization, which was located in this area. </span>

8 0

3 years ago

What is wealth according to economics sense ?

ycow [4]

Answer:

Wealth measures the value of all the assets of worth owned by a person, community, company, or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then removing all debts. Essentially, wealth is the accumulation of scarce resources.

Explanation:

From g0ogle

4 0

3 years ago

Read 2 more answers

In the modern political system, which issue represents a basic disagreement between republicans and democrats?

frutty [35]

There are several different issues that cause disagreement between Republicans and Democrats including:

1) Size of the federal government- Republicans prefer a smaller, less involved government while Democrats favor a large, more involved federal government.

2) Taxes- Republicans favor a low tax rate on individuals, corporations, and businesses. Democrats prefer a higher tax rate on wealthier companies and individuals and a lower tax rate for poorer citizens.

3 0

3 years ago