Impact of Land Surveying on Property Values
I recently had a boundary survey done and found out my property is larger than I thought. How much can an accurate survey affect property value? Are there cases where a survey might decrease value, like finding encroachments or easements? Curious about others' experiences!
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An accurate boundary survey, like those from https://surveyorsbrisbane.com.au/ can significantly boost property value by confirming extra land, as you experienced. Discovering additional acreage often increases market appeal and price, especially in high-demand areas. However, surveys can also uncover issues like encroachments or easements, which might reduce value by limiting usable land or causing disputes. For example, a neighbor’s structure on your property could require costly resolution. Many users report surveys clarifying ownership, enhancing value, but unexpected restrictions can lower it. Check local regulations for specifics!