Does Living Near Where a Movie was Filmed Make a Home More Valuable?

For some people who live in an area where a famous film was produced, it can be a source of pride. In some areas, it is so much so that the community may display several artifacts and pictures from the movie to show that it is indeed the place where the movie was created. But can living near where a famous movie was made increase the value of your home?Does Living Near Where a Movie was Filmed Make a Home More Valuable?

A company called Uswitch.com recently conducted an analysis that explored the effects of a cinematically famous home or town and its impact on the area. The researchers conducting the analysis use real estate and location filming data to determine whether the use of filming a television show or film in a certain area had a positive effect on the surrounding property values.

Here are some of the main observations from this analysis

Never underestimate the appeal of California-style living.

This interesting analysis found that of all the films and shows they surveyed and analyzed, Mrs. Doubtfire had the highest effect on nearby property value. Properties around where Mrs. Doubtfire was filmed had an increase of 253%. Of course, this location is in San Francisco which has seen exponential real estate increases since the 90s. The company that conducted the research did note that there’s a more pronounced increase in the properties around the filming site though. The second most impactful film they found was Father of the Bride, which showed an increase of 243% for the property on South El Molino Ave. in Pasadena. The property used for the Fresh Prince of Belair sitcom saw an increase of 222% located on N. Bristol Ave. in Los Angeles.

The largest property increases are in the United States

The company expanded their research outside of the country as well but found that nearly all of the locations that saw an increase of over 200% since filming are in the United States with the exception of the film Bohemian Rhapsody.

New York City saw significant property gains around filming sites

Popular television shows and films that are produced in New York City also saw very large gains, such as the homes in the area where Sex and the City was filmed which saw property value increases of 221%. Properties around where the movie Stepmom was filmed caused real estate to go up by 133% and properties around where Breakfast at Tiffany’s was filmed saw an increase of 142%.

Even a scary movie can increase property value

The properties around where American Horror Story: Murder House was filmed all had positive value increases in its real-life location. Some viewers of this less-than-upbeat story found the home styles appealing and stylish. 

Even in Park City Utah - Halloween 4, Hereditary, Halloween: the Curse of Michael Myers have been on the horror movie sets.

But that's not all. Park City has been the site for the current cult-following show, Yellowstone. Other films set or filmed in Park City include Wind River, Dumb and Dumber, Everwood, The Sandlot,  and several Hallmark Christmas movies!

So does the home value increase if you live in a location where a popular television show or movie took place? It could really depend on how old and how famous the production that was filmed near your home is. But according to this quirky research that was conducted by Uswitch, it seems to have had a very positive impact on many properties.

Want to live near where famous scenes were filmed? Give us a call! We have the inside scoop. Contact us below for more information.

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260 Properties
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1406 W Meadow Loop Rd Park City,  UT 84098
$2,200,000
Neighborhood: Meadow Springs
3
Beds
2F23/4
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2,460
Sq.Ft.
1988
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2
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12300273
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Beautiful home in Silver Springs offering 3 bedrooms and 4 baths plus large lower level den with adjoining office space. Extensive main floor remodel includes opening up the living space bringing in...
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7065 Powderhorn Ct Park City,  UT 84098
$5,150,000
Neighborhood: Lookout Ridge
4
Beds
1F33/411/2
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5,288
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2021
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Introducing 7065 Powderhorn! This is a 2021 New Construction home by Aecum Development in the sought after Neighborhood of Lookout Ridge in Promontory Club. The location provides stunning Wasatch...
$50,000,000
Neighborhood: Colony At White Pine Canyon
6
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17,567
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5
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Presenting ''Monitor's Rest'', winner of the distinguished Robb Report Best of the Best award for 'Best Amenities'. Nestled mountainside at the base of Monitor Bowl on Park City Mountain Resort, this...
$950,000
Neighborhood: Silver Creek Village
4
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3F11/2
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Amazing new single family home in Park City's latest master-planned Community, Silver Creek Village. **Includes finished basement! Built by premier builder, Hillwood Homes, this well-designed home...
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2190 Saddlehorn Dr Park City,  UT 84098
$3,650,000
Neighborhood: Bison Bluffs
4
Beds
2F23/421/2
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4,375
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2017
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Live the Promontory lifestyle from this gorgeous family home. This home has an open floor plan with a great room with high ceilings, an open kitchen with a large island, and top of the line...
$795,000
Neighborhood: Timberline
1
Beds
2
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1,273
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1983
Year Built
6
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Enter into this charming home located 20 minutes from downtown Park City and 20 minutes into the Salt Lake City Valley. Cozy up by the wood-burning stove, while taking in the scenic mountain views....
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5598 N Kodiak Way Park City,  UT 84098
$1,495,000
Neighborhood: Bear Hollow Village
4
Beds
3F11/2
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2,616
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2005
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6
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This very well-located single-family home sits on the end of the row with open space on two sides and has beautiful views of the Swaner Preserve meadows and Uinta mountains from the great room, deck,...
$5,750,000
Neighborhood: Thaynes Canyon
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3F23/411/2
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1991
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6
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Have you ever dreamt of a beautiful home with fabulous views and walking distance to dining, golfing, Nordic skiing, hiking and mountain biking trailheads and the free bus line to skiing and Old...
$2,775,000
Neighborhood: Trappers Cabins
3
Beds
2F13/411/2
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2,460
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2006
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6
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This is a three bedroom Trapper's cabin that lives like a four bedroom home. The upstairs loft has a full-bathroom, deck, office area and room for a fold-out bed. It could easily be converted into a...
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6831 Woods Rose Drive Dr Park City,  UT 84098
$999,000
Neighborhood: Silver Creek Village
4
Beds
3F11/2
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2,157
Sq.Ft.
2022
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No description available...
$14,000,000
Neighborhood: Quarry Mountain Ranch
5
Beds
4F23/431/2
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7,765
Sq.Ft.
2007
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7
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12300218
MLS
This mostly single-level modern mountain home sits inside one of Park City's most exclusive gated communities, Quarry Mountain Ranch, and offers frontline ski resort views. Situated on 2.45 flat...
$2,495,000
Neighborhood: Park City Survey
3
Beds
3F11/2
Baths
2,033
Sq.Ft.
1981
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12300205
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FULLY FURNISHED PARK CITY GEM! This large twinhome offers 2 dedicated parking spots, 2 living rooms and 2 kitchens. Situated on Upper Woodside Avenue overlooking Historic Main Street with...

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