Reason 3)- The property is in a bad location. This is one thing that can’t be changed. A good real estate agent will be able to maximize the positive aspects of your property while trying to minimize the negatives. It may be possible to screen an adjacent property with landscaping either to lessen the visual impact or the sound impact of a busy street.
If your home is located in a less desirable school district or close to perceived nuisances, the best way to compensate is usually to reduce the sales price.