construction: Pro Tip: Buy the worst house in the best area - 01/22/15 02:16 PM
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 … (1 comments)