Diffusing Disputes with Neighbors

Even if you live in a beautiful home in a great community, a dispute with a neighbor can make living there a miserable experience. That’s why it makes sense to settle such disputes quickly and amicably.

How do you do that? Here are some tips:

  • Deal with the issue quickly. It’s tempting to avoid facing an unpleasant dispute with a neighbor and hope the problem just goes away. That rarely happens. To settle a dispute, you need to act quickly.
  • Avoid displays of anger. Acting angrily typically only gets the other party on the defensive. It can escalate the situation and rarely, if ever, leads to a resolution.
  • Isolate the problem. Never generalize a dispute with a neighbor. Be specific.
  • Don’t complain; propose. Rather than complaining about loud music at night, propose a solution. For example, “When our front lights have been turned off, that means we’ve gone to bed. Would it be possible to turn down the music at that time? Thanks!”
  • Say thanks when there’s a resolution. You may never be close friends, but being cordial will go a long way toward easing the tension.

Understanding how Homes are Priced

Whether you plan on putting your home on the market someday soon, or you’re just interested in how much your property is worth from an investment perspective, it makes sense to know how homes are priced.

When a home goes on the market, there is an overwhelmingly high probability that it will sell for somewhere close to its market value.

So if a three-bedroom, detached home in a community sold for X dollars, then you can expect a similar home down the street to sell for roughly the same price.

That’s why real estate professionals look closely at recent home sales in the area in order to advise clients on the best listing price.

Are there other factors that determine the selling price? There are many. Home improvements, special features such as a large deck as well as the general attractiveness of your home, can all increase its value to potential buyers.

While some of these characteristics may help boost its selling price, others may simply help you sell your home more quickly.