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Outdoor Living Space
What You Get for the Money : Episode FLWYG-113

Outdoor space, yard size and proximity to a park or open area can greatly affect the value of your home.

  • The size of the average American yard continues to shrink; it's only 9,100 square-feet.
  • Studies show a home on or near a park can boost property values as much as 20 percent.
  • Proximity to a large park affects value twice as much proximity to a small park.
  • Buyers often prefer homes near a trail over those close to golf courses and tennis courts.
  • Many real estate agents say homes near trails and parks sell more quickly.

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