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CAN A FILM OR TV SHOW INCREASE THE VALUE OF A PROPERTY?

Star Wars GothicIt's fairly common knowledge that not every movie or TV show is filmed inside a studio, mainly because some of them are recorded on location in order to add a sense of realism to the overall production. But did you know that the act of making a movie or show in real-life locations can sometimes add value to the locations in question? Along with the surrounding areas!!


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Now a good example of this can be seen in the popular TV show, 'Friends', where Monica's apartment building (situated on Bedford Street, New York) is said to have increased surrounding property values by 100% (despite it only being shown from the outside to establish its interiors based in a studio)! Similarly, the 'Murder House' from 'American Horror Story' has also increased local property values. But in this case, it has increased by 5%, not 100% (even though it's been seen in hundreds of TV shows and movies, from 'Buffy the Vampire Slayer' to 'The X-Files').

What now follows is a map created by the online comparison site, Uswitch.com, which illustrates some of the areas in the US and the UK that have risen in value due to their association with the TV shows filmed there. This is then complemented by a top ten list of properties seen on the silver screen, with each one ranked by their increased street value (after said film was made).


Property Map


The Top Ten Properties Featured On Film
(Ranked by the increased estimated value said property has had on the street it resides on)

Mrs. Doubtfire
1) Mrs. Doubtfire
Address: 2640 Steiner St., San Francisco, CA 94115
Estimated price of properties on the same street: £4,137,105.79
Increased by: 253.57%

2) Bohemian Rhapsody
Address: 13 Ashcombe Ave, Surbiton KT6 6PX, UK
Estimated price of properties on the same street: £2,139,732.00
Increased by: 247.29%

3) Father of the Bride
Address: 843 S El Molino Ave, Pasadena, CA 91106
Estimated price of properties on the same street: £1,980,393.56
Increased by: 242.80%

Breakfast at Tiffany's
4) Breakfast at Tiffany's

Address: 169 E 71st St, New York, NY 10021
Estimated price of properties on the same street: £2,289,313.25
Increased by: 141.87%

5) Stepmom
Address: 501 N Broadway, Nyack, NY 10960
Estimated price of properties on the same street: £1,076,911.73
Increased by: 132.65%

6) The Holiday
Address: 1883 Orlando Rd., San Marino, CA 91108
Estimated price of properties on the same street: £4,878,987.38
Increased by: 122.48%

Ferris Bueller's Day Off
7) Ferris Bueller's Day Off
Address: 4160 Country Club Dr., Long Beach, CA 90807
Estimated price of properties on the same street: £1,355,869.20
Increased by: 110.56%

8) Harry Potter and the Philosopher's Stone
Address: 12 Picket Post Close, Winkfield Row, Bracknell RG12 9FG
Estimated price of properties on the same street: £677,500.00
Increased by: 91.54%

9) Twilight
Address: 3333 NW Quimby St, Portland, OR 97210
Estimated price of properties on the same street: £990,929.28
Increased by: 72.66%

10) The Notebook
Address: 204 Martins Point Rd., Wadmalaw Island, SC 29487
Estimated price of properties on the same street: £650,908.85
Increased by: 65.34%



Now to find out more, please click here to check out Uswitch's guide to 'Famous Homes That Have Increased In Value', and while you're at it, don't forget to have a look at their official Website to see what else they have up their sleeve!

CAN A FILM OR TV SHOW INCREASE THE VALUE OF A PROPERTY? CAN A FILM OR TV SHOW INCREASE THE VALUE OF A PROPERTY? Reviewed by David Andrews on November 25, 2021 Rating: 5

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