{"id":8439,"date":"2017-10-05T15:59:22","date_gmt":"2017-10-05T14:59:22","guid":{"rendered":"http:\/\/www.tolet.com.ng\/blog\/?p=8439"},"modified":"2017-10-06T17:47:04","modified_gmt":"2017-10-06T16:47:04","slug":"how-proximity-affects-home-value-in-nigeria","status":"publish","type":"post","link":"https:\/\/propertypro.ng\/blog\/how-proximity-affects-home-value-in-nigeria\/","title":{"rendered":"How Proximity Affects Home Value in Nigeria"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Will you be willing to buy a house close to a waste dump? I don&#8217;t know about you but I won&#8217;t and a lot of people won&#8217;t be <a href=\"https:\/\/www.tolet.com.ng\/blog\/pros-and-cons-of-buying-a-newly-built-home\/\">willing to purchase a property<\/a> close to a refuse dump. When it comes to real estate, it is all about the location and yes the location. The above question shows how important the area is and that is why it is no that what affects home value more than anything else is your proximity to certain places (or people). Some might even say that Iwhere you live and what\u2019s next door, is what truly affects your home value. \u00a0<\/span><\/p>\n<p>CHECK OUT: <a href=\"https:\/\/www.tolet.com.ng\/property-for-sale\/abuja\">HOUSES FOR SALE IN ABUJA<\/a><\/p>\n<p><span style=\"font-weight: 400;\">Why does location matter so much? For starters, <a href=\"https:\/\/www.tolet.com.ng\/blog\/buying-a-house-vs-building-a-house\/\">you can\u2019t move a home<\/a> so when you buy a home in a good location, it\u2019s usually a solid long-term investment. Some <a href=\"https:\/\/www.tolet.com.ng\/blog\/benefits-of-using-a-real-estate-agent-to-sell-your-home\/\">realtors even advise their clients<\/a> to buy the worst house \u2014 a property that could use some renovations \u2014 in the best neighbourhoods. Why? Because fixing up a home in a great neighbourhood will give you the best return on your investment. Quite simply, it will be easier to sell later on.<\/span><\/p>\n<p>CHECK OUT:<a href=\"https:\/\/www.tolet.com.ng\/property-for-sale\/lagos\/lekki\/lekki-phase-2\/land\"> LAND FOR SALE IN LEKKI PHASE II<\/a><\/p>\n<p><span style=\"font-weight: 400;\">Proximity to certain places can have a <a href=\"https:\/\/www.tolet.com.ng\/blog\/how-to-buy-a-house-in-nigeria\/\">positive or negative effect on the value of your home<\/a>. For example, if your property is in close proximity to a major road like an expressway, this can have a positive effect on your home and make it a highly desired property. If your property is within an easy walking distance of your local railway station, it could be worth more than similar homes that are further away. If your home is within a quarter of a mile of a major hangout spot, recreational centre, a mall or even the airport, will make it more valuable. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are also <a href=\"https:\/\/www.tolet.com.ng\/blog\/6-essential-tips-for-first-time-home-buyers-in-nigeria\/\">certain things that can decrease the value of your property <\/a>in Nigeria, for example, if you live near any repossessed houses, noisy neighbours or recycling centres, near power plants.<\/span><\/p>\n<p>CHECK OUT: <a href=\"https:\/\/www.tolet.com.ng\/property-for-sale\/lagos\">HOUSES FOR SALE IN LAGOS<\/a><\/p>\n<p><span style=\"font-weight: 400;\">Whether you\u2019re planning to<a href=\"https:\/\/www.tolet.com.ng\/blog\/8-things-you-need-to-know-before-buying-a-house-in-nigeria\/\"> buy or sell a home in Nigeria<\/a>,\u00a0 it is important to consider these factors so that you know how it may affect your property\u2019s value.Location, location, location really does matter, a lot. But as always, the most important thing is to buy the right home for you, at the right time and in the right place.<\/span><\/p>\n<p><a href=\"http:\/\/tolet.com.ng\"><img decoding=\"async\" src=\"https:\/\/www.tolet.com.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin.jpg\" alt=\"tolet-need-to-find-na-small-tin\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will you be willing to buy a house close to a waste dump? I don&#8217;t know about you but I won&#8217;t and a lot of people won&#8217;t be willing to purchase a property close to a refuse dump. When it comes to real estate, it is all about the location and yes the location. The &hellip;<\/p>\n","protected":false},"author":18,"featured_media":8440,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[467],"tags":[1906,347,1904,80,1907,1905],"class_list":["post-8439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-advice","tag-buy-a-home","tag-good-location","tag-home-value","tag-location","tag-sell-a-home","tag-value-of-home-in-nigeria"],"_links":{"self":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/8439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/comments?post=8439"}],"version-history":[{"count":1,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/8439\/revisions"}],"predecessor-version":[{"id":8441,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/8439\/revisions\/8441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media\/8440"}],"wp:attachment":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media?parent=8439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/categories?post=8439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/tags?post=8439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}