What determines the value of a residential interior space?

There are two aspects parts to consider.

Tangible and intangible.

Intangible would be history of former occupants and activities of the space, social-economic status, location, current market, quality level of creativity, imagination, originality, psychological, and aesthetics manifest there in.

Tangible would include views, costs and rarity of materials, size, quality level of workmanship and skills, climate control, comfort, function, direction in relation to sun and light, construction, and maintenance.

The emotional and intellectual positions of people involved are also factors involved in the evaluation.

The proportional values of both aspects determine the final value given and are subject to changes and variations.

Of tangible and intangible which is more sensitive, important, aware, and present in your residential home environment?

Food for thought.