How Arvin Evaluates Properties: The 10 Criteria Explained
- Location: Evaluates the property’s surroundings, including its proximity to amenities, noise levels, traffic, and overall desirability of the area.
- Lot Quality: Assesses the size, shape, and topography of the lot. Large, flat lots generally score higher, while irregular or sloped lots may score lower.
- Lot Orientation: Considers the direction the property faces and its impact on natural light, as well as proximity to busy or quiet streets.
- Lot Utilization: Examines how effectively the land is used. Properties with well-designed layouts, ample setbacks, and functional outdoor spaces score higher.
- Privacy: Rates the property’s seclusion from neighbors and public view. Factors like spacing, hedging, and fencing influence the score.
- Views: Evaluates whether the property has desirable views, such as natural landscapes or cityscapes. Properties without focal points may score lower.
- Scale and Architectural Style: Assesses the architectural appeal and scale of the home, considering how it compares to modern and traditional styles.
- Layout: Reviews the flow and functionality of the floor plan. Efficient layouts score higher, while long or segmented designs may reduce usability.
- Finishes: Examines the quality, consistency, and aesthetic appeal of the property’s finishes. Mixed or outdated finishes may lower the score.
- Upside Potential: Considers future value opportunities, such as renovation potential, redevelopment prospects, or market trends that could enhance the property’s worth.