What practice might decrease a property's market value?

Leaving a home vacant can significantly decrease its market value for several reasons. First, unoccupied properties often suffer from neglect, as they are not regularly maintained, leading to issues like deterioration, pest infestations, or vandalism. This lack of upkeep can create a negative perception, not only making the property less appealing to potential buyers but also affecting the overall desirability of the neighborhood.

Moreover, a vacant home can indicate other problems, such as financial distress or unforeseen issues related to the property itself, which may lead prospective buyers to perceive it as a higher risk investment. Furthermore, properties that sit empty for extended periods often face challenges in attracting buyers, as the lack of personal touches or warmth can make it harder for them to envision themselves living in the space. All of these factors contribute to a decline in the property's market value compared to a well-maintained, occupied home that demonstrates signs of care and upkeep.