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Should You Invest in a Home With No Backyard?

According to a survey by Porch, about 70% of homebuyers covet a large backyard, while about 46% are eager to have some sort of outdoor space conducive for entertaining. Does that mean you should take a hard pass at investing in a home without outdoor space? While it's true you stand to lose the interest of many homebuyers if your property has no backyard, there are two distinct types of buyers who will be interested in your home.