You may think your home value is determined by square footage, lot size, neighborhood, and your home’s condition. And you’d be right — those are all important factors. But you’d be overlooking another key piece of the puzzle: Nearby home sales, which have a significant impact on your home’s value. 

You may know that having dilapidated homes nearby will impact your home's value in a negative way. The opposite is also true: If people improve their homes, they will not only increase the value of that home but also of the community. Knowing which projects are popular near you will help you weigh your options and make smart decisions about how to invest in your home.