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.
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