When relocating to the Snohomish County Washington area, especially if we are a higher priced market, you may be concerned about getting the most home for your money. You may be tempted to opt for a larger home in a less desirable area rather than settling for a smaller home in an affluent community. From an investment standpoint, you could be making the wrong choice.
Home prices in popular and affluent communities tend to increase more rapidly than those in less-sought-after, middle-class neighborhoods. That's why real estate professionals frequently advise home buyers to choose a smaller home in a better neighborhood over a larger home elsewhere.
This strategy is particularly useful for home buyers who do not expect to own their home for more than a few years. They may need the likelihood of a higher appreciation rate to help ensure they make a profit and cover selling costs when the time comes to move again.
To learn more about home prices and the local area of Everett Washington or the surrounding Snohomish County please feel free to e mail anytime even if your move is a couple years away........
Todd Hueffed
http://www.thathomezone.com/ in partnership With Keller Williams North Seattle



Todd,
Excellent point on the investing side! It does make perfect sense to buy smaller in a more desirable location.