The Battle between Popular Neighborhoods and Less Popular Ones
- Date: 2007-04-16 - Word Count: 400
Share This!
Most fixer upper homebuyers thought that they had acquired better value by obtaining a fixer upper home in a popular neighborhood. Although it is true, you should not dismiss the fact that they can also acquire fixer upper homes in less popular neighborhoods with great value.
However, they should take note that buying fixer upper homes in less popular neighborhoods isn't for the newbies or for homeowners.
Buying fixer upper homes in a less popular neighborhood is the work of a professional. The job usually entails serious structural problems and would need major restorations and repairs. And because the fixer upper home is located in a less popular neighborhood, it takes the work of a professional to obtain the appropriate profit.
Why Popular Neighborhoods?
One of the most alarming reasons why some fixer upper homebuyers fail to gain the profit they need after repairing and fixing up everything to a great value is that they don't value location.
Every homebuyer should know that location is the mantra of buying homes. It partakes almost 40% of the value of the house.
The main point here is that people would love to live in a place where they can live a life that is convenient. Convenience is the name of the game and that is where the popular neighborhoods get an edge over the less popular ones.
For instance, one particular neighborhood is situated in a place with less or no traffic at all. It gains easy access to schools, business establishments, and other important institutions. The reason why it becomes so popular is that everything seems so convenient for its residents. They can have access to whatever they need.
If you will be buying a fixer upper home and want to gain greater profit, try to think about the location. Think about why such places become so popular and why others aren't.
The success in investing your future in a fixer upper home situated in a popular neighborhood is almost relative to building your house on solid ground.
It is a fact that when people buy a house, the next best thing they consider to the price is the location. If they like the neighborhood, they would surely buy the house.
So if you were to choose between popular neighborhoods versus less popular neighborhoods, better choose the former. You will never know what surprises you will have in the less popular neighborhood, so better leave the surprises undisclosed.
However, they should take note that buying fixer upper homes in less popular neighborhoods isn't for the newbies or for homeowners.
Buying fixer upper homes in a less popular neighborhood is the work of a professional. The job usually entails serious structural problems and would need major restorations and repairs. And because the fixer upper home is located in a less popular neighborhood, it takes the work of a professional to obtain the appropriate profit.
Why Popular Neighborhoods?
One of the most alarming reasons why some fixer upper homebuyers fail to gain the profit they need after repairing and fixing up everything to a great value is that they don't value location.
Every homebuyer should know that location is the mantra of buying homes. It partakes almost 40% of the value of the house.
The main point here is that people would love to live in a place where they can live a life that is convenient. Convenience is the name of the game and that is where the popular neighborhoods get an edge over the less popular ones.
For instance, one particular neighborhood is situated in a place with less or no traffic at all. It gains easy access to schools, business establishments, and other important institutions. The reason why it becomes so popular is that everything seems so convenient for its residents. They can have access to whatever they need.
If you will be buying a fixer upper home and want to gain greater profit, try to think about the location. Think about why such places become so popular and why others aren't.
The success in investing your future in a fixer upper home situated in a popular neighborhood is almost relative to building your house on solid ground.
It is a fact that when people buy a house, the next best thing they consider to the price is the location. If they like the neighborhood, they would surely buy the house.
So if you were to choose between popular neighborhoods versus less popular neighborhoods, better choose the former. You will never know what surprises you will have in the less popular neighborhood, so better leave the surprises undisclosed.
The above article was written by Sarah Miller on behalf of a buzzing online Home Improvement community where homeowners easily and painlessly find the right contractor for their home improvement projects and in turn, contractors can find the right Home Improvement Leads! Also check out the QuoteCity.com Blog for more related Home Improvement Articles and Ideas.
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- Offshore it Consulting Services India
Cost effectiveness of productions offers a cutting edge in this age of stiff competition. Lower is - Geeks Who?
Geeks are characterized by the tools they use. What all one should have to qualify to be called gee - Now Wi-fi (vi-fi) in Vehicles
This is a Wi-Fi age. Those who need can find Wi-Fi hotspots everywhere; in home, hotels, airport lo - How Web Development Can Catalyze Your Profit Prospective?
Website is the heart and soul of an online business. It depicts the appearance of your products, se - Free Cisco Ccna, Ccnp, Ccent Tutorial on Switching, Spanning-tree Protocol (stp)
A Layer 2 switch, which functions as a transparent bridge, offers no additional links for redundanc - Windows Vista Sidebar, Gadgets, Easy Wireless Networking and Improved Back Features
Microsoft has tried to put "active" items on the Windows desktop for nearly a decade. Finally, with - Windows Vista Features and Upgrading the Windows Vista Versions
Microsoft Windows Vista is the latest workstation version of the Windows operating system and is de - Comptia A+, Network+ Certification Tutorial - Function of Network Hubs
A hub is a device used to connect all of the computers on a star or ring network. A hub is nothing - Tips for Unlock Iphone 3G
Anybody who owns an iPhone wants to have it unlocked and they need unlock iPhone 3G tips, in genera - Unlock Iphone Tutorial
Most of the people consider that it is difficult to unlock iPhone, but in fact, this process is eas
Most viewed articles in this category:
- It Consulting - Buyer Fraud Prevention
Hiring the wrong computer consultant is not only frustrating, but it can also leave you cheated of y - San Francisco Web Design and Web Development Services
A San Francisco Web Development and Web Design Services, #10 offers a full range of marketing and we - Complex Issues, Comprehensive Solutions by Freelance Providers
As business increases, customers are most certainly asking for their share of higher business value, - Gaming and Graphic Design Computer Monitor Solutions
CRT screens are fast moving towards obsolescence and are now almost the preserve of Graphic designer - Help Wanted - One New Customer for Growing IT Business
Your computer services business is the same, you need customers. But do you need as many as you thin - What Does it Take to be a Top IT Manager Today
Well-Run Concepts has been conducting research on how we can quantify what personal skills or compet - What Are Hosted Applications?
As access to the Internet becomes more widespread with faster, more reliable and 'always on' connect - Password Security
In the past I've never really paid much attention to security issues when it comes to user names and - General Computer Maintenance For The Masses
Reorganizing the file systemGo to “Start” > “Run” > Type in “def - How Does Human Resource Management in the Workspace Effect Me?
How often do you find yourself saying: "I wish I knew how to learn more about this topic" Well, w