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What Brings a Neighborhood Down?

Your Home Value

The following neighborhood features emerged as the ones that could potentially drag down home values by the greatest amounts:

1. Bad school: -22.2% (translation: home-owners near a bad school received 22.2 % less)

than an average home in the same county could get)

2. Strip club: -14.7%

3. High renter concentration: -13.8%

4. Homeless shelter: -12.7%5. Cemetery: -12.3%

5. Cemetery: -12.3%

6. Funeral home: -6.5%

8. Shooting range: -3.7%

9. Hospital: -3.2%

Source: “The Neighborhood Features That Drag Down Your Home Value – Ranked,” realtor.com® (March 28, 2016

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