Cinderella Homes – Do Neighborhoods Affect Montrose Co Real Estate Values?

The idea of progression must be considered to properly answer this urban legend. Progression is, “An appraisal principle that states that, between dissimilar properties, the value of the lessor quality property is favorably affected by the presence of the better-quality property.” In other words, appearance, value, and desirability of the surrounding neighborhood can and will […]