Depending on where you live and what your personal preference is, you will have a different opinion of what constitutes a great view.

For some people, a great view is stepping outside onto your verandah and seeing the ocean, for others, it is a view of the mountains, or a city sky line.

No matter where you live or what your preference is, the better the view is, the more money you have to pay to see it.

So how much is a great view worth?

The quick answer is that it depends on the location, however the best way to evaluate this, would be to find two identical properties, one with a view and one without.

See how much one sells for compared to the other and contribute the difference, to the view.

Here are some factors that can contribute to the value of a property’s view:

• Having a completely unobstructed view of the surrounding scenery
• Having an unobstructed view from a medium elevation
• Having an unobstructed view from a high elevation
• An unobstructed view of a large body of water, ie lake, bay, river or ocean

Pricing a view is not an exact science and as more and more properties are being constructed, the chances of finding a fantastic view are becoming more challenging.

Make sure to educate yourself as much as possible, about the potential a property has, taking into account the marketable value of the view.

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