In our area, block homes were built mostly in the 60's, 70's and unfortunately buyers tend to equate block with old and dated, no matter how many improvements and upgrades are done to the exterior. First impressions still count, big time. In our area, stucco exteriors sell the best, and it is not uncommon for block and wood sided homes in our area to have stucco applied when undergoing renovations. Everyone, EVERYONE, when spending money, wants the newest and the best of what they can comfortably afford, but not many people will pass up a good deal or a sound buy.
Value to a buyer =
More features for the same price as all the others
Less price than all the others for the same features
99 times out of 100 it is the price.