Do houses with no backyard sell for a discount?

[saibot]

Originally Posted by Sand&Salt

My first house in Mission Viejo, CA was kind of no-backyard, along with almost all of the other houses in the area. All built on terraced hillsides, so the backyard rose straight up in a steep hill. We put in a gazebo and brick stairway, and a tiny patio on what little flat there was. Most homeowners did nothing with the hill, but I planted Korean grass on it instead of sagebrush.

Ha, our friends in Mission Viejo have a backyard just like that. They planted a few shrubs and let their chickens browse up and down the hillside. Not much else you can do with it.

[FindingHomeATL]

Originally Posted by Sand&Salt

My first house in Mission Viejo, CA was kind of no-backyard, along with almost all of the other houses in the area. All built on terraced hillsides, so the backyard rose straight up in a steep hill. We put in a gazebo and brick stairway, and a tiny patio on what little flat there was. Most homeowners did nothing with the hill, but I planted Korean grass on it instead of sagebrush.

This is a non-issue because it's standard for the area. But imagine if you live in a Middle America subdivision where all the other houses have nice backyards, and you have none. In the current market, your house will be scooped up on the first day. But the poor sucker who buys it at an inflated price will have a heck of a time re-selling it.

I am seeing quite a few such properties hit the market lately. It's not a coincidence.

[Marc Paolella]

Originally Posted by BoleaConstrictor

No back yard. Just a huge deck, for example. No lawn. Good or bad?

Bad in most areas, not bad in areas where every other home is similar. If everyone else has a yard, and you don’t, your home value will be less, and selling your home will be difficult.