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Pro Tip: Buy the worst house in the best area

By
Managing Real Estate Broker with The Platz Group 27814

A huge-beautiful house in an undesirable area isn't going to sell for as much as it would in a more desirable area. The homes around it will drag the value down. On the flip side, if you buy the worst house in the best area every penny you spend on that home in renovations you will get back.

 

For example this home is a fixer in a very desirable neighborhood. This home is PERFECT for a flip. It is structurally sound but could use some cosmetic work.

 

This Jaunita neighborhood of Copperwood is a prized cul de sac showcasing this 1270 sqft 3 bedroom 1.75 bath rambler. This wrap around floorplan adds spaciousness with formal and informal living rooms and dining areas and a walk through kitchen. The deep driveway leads up to the two car garage complete with "man door" access to the fenced back yard. The back yard boasts powered mini barn with loft and entertainment sized patio. Diamond in the rough.

 

To view this home visit us at www.SellingSnohomish.com or please call us at

 

(206) 686-9345  

 

 

Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Worst house in the best area is one of the investors' not so secret success formulas.

Jan 22, 2015 02:55 PM