Location make a big difference in home value

Thanks to Tom Barnum for pointing out this interesting contrast in values....



The two houses above seem relatively similar, right? 

• House #1 features 2,020 SF and was built in 1940 for $244,900.
  
• House #2 features 1,862 SF and was built in 1930 for $99,900.

WAIT A MINUTE!  How could there be a $145,000 difference in value here?

The value difference is at least partially based on location.  House #1 is located on Monument Avenue adjacent to Purcell Park in Harrisonburg.  House #2 is located on Main Street in Timberville.