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of Roseville neighborhoods, the maintenance of its property values, and, instilling confidence in the long term viability af the community. 7. EXCERPTS FROM'PROPERTY VALUE CHANGE AIV,�LY��S IN THE IlI�CI�II�LEY NEIGHBORHOOD' (OliverBy�uz�n.,1992) ■ There are three considerations which are cited as most important by a potential buyer looking for a house. One of these is the overall appearance of the neighborhood... � The importance of neighborhood livability cannot be overstated...of the various aspects of livability, studies show that the three most important are safety and security, neighborhood appearance, and quality of public schools. � There are a number of factors which contribute to the general appearance of the neighborhood. These include the condition of the houses, the condition of the streets and sidewalks, and the cleanliness of the neighborhood. * The appearance of the houses which make up a neighborhood is one of the most crucial aspects of neighborhood appearance. Deteriorating housing is evidence of a deteriorating neighborhood. + If potential homebuyers perceive the livability of a particular neighborhood to be deteriorating they are less likely to choose to buy a home there. As more people choose not to buy property and live in a particular area, property values drop. * If expectations and standards are lowered the neighborhood will often live up to these lower expectations. 8. CONCLUSION * A long term city-wide neighborhood enhancement effort aimed at maintaining the livability of neighborhoods is necessary to any city's long-term stability. As Roseville's housing stock ages, consideration should be given to identifying other successful community efforts and implementing those deemed beneficial to Roseville. •:.1i��ir.7' ri �.k.h�c�•,i"r:'•�'n... ��~.�r'7;, �::�..i�s_P�•r•.'_;•; ��i�i:c'.-�F.�n•�r:�-• e,;�.r::;•_'�!I� NEIGHBORHOOD ENHANCEMENT EFFQRT.dnc