Buy the Worst House in a Nice Neighborhood
Realty Biz
JUNE 30, 2022
Some people call it buying the worst house in the best neighborhood, but most nice neighborhoods work just fine – especially when houses to choose from are scarce. But either way, this equity-building strategy isn’t for the faint of heart. Back Door Entry to a Ritzy Area. The theory is that lower-priced homes in upscale neighborhoods will appreciate at a higher percentage than all the other houses in the neighborhood.
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