If you’re considering selling your home, one important factor to look into prior to selling is the zoning designation that pertains to your property. Right now, there are certain zoning designations in Philadelphia that could make your property more valuable than other properties in the same neighborhood.

Currently one of the most sought after zoning designations in Philadelphia is RM1. Depending on how much lot square footage your property takes up, RM1 zoning may make it possible for your property to be converted into a multi-family property without obtaining a variance. This is extremely favorable for developers who are concerned with redeveloping the property, and could potentially make your property worth more than houses right across the street with a different zoning designation.

Currently there are many neighborhoods throughout Philadelphia that have a surplus of properties zoned RM1. Some of the neighborhoods zoned RM1 most heavily include parts of Point Breeze, Grays Ferry, Fairmount, Brewerytown, & many parts of West Philadelphia.

Zoning designations are a factor that your Zillow Home Value estimate (Zestimate) does not take into account & developers who are trying to purchase your property may not want you to know that your home's zoning is advantageous. 

If you’re interested in learning about the zoning designation of your own property, fill out the form below for an absolutely free evaluation.