What is the main purpose of the Principle of Conformity in real estate?

The main purpose of the Principle of Conformity in real estate is to maintain consistency within a neighborhood. This principle emphasizes that a property will generally achieve maximum value when it is in harmony with its surroundings, including other properties in the area. When homes or buildings share similar characteristics—such as architectural style, size, and usage—this uniformity helps create an appealing and cohesive environment, leading to overall stability in property values.

By encouraging conformity, communities can avoid the potential pitfalls of properties that are significantly different from their neighbors, which can detract from the area’s aesthetic appeal and, in turn, impact property values negatively. Thus, the Principle of Conformity promotes a sense of order and predictability in residential neighborhoods, contributing to their overall desirability.