As a life time Brooklynite I have seen times change, but not always for the best. Consider the change we’ve seen in attitudes toward Brooklyn real estate over the last few decades.
Brooklyn Home Owners used to love their homes because they were their safe havens. Many now only worry about whether or not their houses will appreciate enough in value to allow them to upgrade to McMansions or refinance to buy luxury vacations in Hawaii.
What’s your stance on the Brooklyn real estate you own or wish to own some day? Is it a house or a home to you? There’s no right or wrong answer to this question, simply a varying point of view.
It’s a house if you:
- Bought it because you want to build equity
- Value it most because of its monetary value
- Worry primarily about it because it might lose some of its value in today’s market
- Appreciate it if it gives you short term profit
- Like the Brooklyn neighborhood because it increases the Market value of your property
- Plan to sell when you can make the biggest profit
It’s a home if you:
- Bought it because you want to build a happy life there
- Value it most because of its emotional value
- Worry primarily about it because without it you wouldn’t have a roof over your head
- Appreciate it if it gives you long term profit
- Like the neighborhood because of the people who live there
- Plan to sell when your lifestyle needs change
Personally, I’m nostalgic for the days when a house was called a home because of the love that was inside.
Whether you’re interested in buying Brooklyn real estate as an investment or as a home to raise your family, I can help you achieve your goals. Give me a call today ask for Charles D’Alessandro your Fillmore Agent (718) 253-9600 ext 206 or email me at charles@fillmoresbest.com
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