Five percent that a neighboring property’s “overgrown yard, peeling paint, and clutter” can subtract from the sale price of your home. According to Joe Magdziarz, president of the Appraisal Institute, that number can climb to 10 percent or more by the time you factor in money lost due to time spent on the market[1].

 


[1] http://realestate.aol.com/blog/2011/07/01/home-sellers-keep-bad-neighbors-from-derailing-your-sale/