Which of the following can adversely affect property marketability?

Environmental hazards can significantly undermine property marketability for several reasons. Buyers are often wary of properties located near or affected by environmental hazards due to potential health risks, legal issues, or devaluation. Hazards could include contamination from nearby industrial activities, flood zones, or proximity to landfills, all of which can deter potential buyers and investors.

Additionally, properties associated with environmental concerns may require substantial financial investment to remediate or insure, creating further reluctance among buyers. Having a history of environmental issues can also mean more stringent disclosure requirements during the transaction process, leading to a lack of confidence in the property’s safety and thus reducing its overall marketability. This adverse perception is a significant factor that can diminish demand and lower property values in the affected area.

In contrast, immediate neighborhood investments, proximity to commercial areas, and improvements in public transportation access tend to enhance a property's appeal, suggesting growth, convenience, and accessibility, which typically contribute positively to marketability rather than detract from it.