As most homeowners are quick to point out, highway-facing units are harder to sell or rent out, and should generally be avoided. This is a nugget of property wisdom that's been around for decades, and is one of those things we accept because it sounds logical. But rather than go with accepted wisdom, we decided to take a look at...
As most homeowners are quick to point out, highway-facing units are harder to sell or rent out, and should generally be avoided. This is a nugget of property wisdom that's been around for decades, and is one of those things we accept because it sounds logical. But rather than go with accepted wisdom, we decided to take a look at the actual numbers, and also try to determine the extent of the impact.
For three-bedders, the margin between the highway and non-highway facings is slim in Parc Riviera and Vacanza @ East. In all other cases though, there's a clear difference of about five percentage points. The reasons behind this are hard to discern, as when it comes to resale-to-resale, there are many more factors at play; from the maintenance of the unit, how much the unit has been renovated, to situations unique to the seller .
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