Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
Find Out More >
View All Offers >
|
|
All real estate agents are NOT alike! Find out why we are top real estate experts. Call us: 770-598-7771
|
Moving Across State or Across Country?
***I moved 3 times in 6 years and Christa helped me all of my moves.***
Warren Kale Cartersville, Ga.
Read Quote >
View All Quotes >
|
 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
The Christa Michael Team are some
of The Top Selling Real Estate Experts™
Find Out More > |
|
|
 |
Please Sign Up For The Latest Listings and the Latest Real Estate News
Investment Real Estate >Location And Value
One of the most important factors that affect the value of property is obviously location. Wise investment philosophy suggests that you invest in a sound property in a more modest area that will increase in value in the future. Buying into an area that is being gentrified, or that is otherwise coming back, is one way to do this.
Timing is everything, however! Most investors don't want to risk too much by being a pioneer, but want to get involved early enough so that there is still considerable room for appreciation in value. Being a pioneer is fine if you are a risk-taker with a lot of patience and cash is not the primary issue. Otherwise, it is safer to buy into an area after the restoration trend is unmistakably established.
Neighborhoods that are ripe for restoration have some common characteristics. They are next to a prestigious area or in a good walk-to-work location and have houses that are basically in good condition or "fixer-uppers" with realistic price tags.
|
| Q |
Upon completion this year, what will be the tallest residential building south of New York and east of Chicago?
|
| A |
Located in Biscayne Bay, Florida, the $120 million, 51-floor luxury condominium will be called The Santa Maria. |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERTS™ 
