Age old question… focus more on house or location?

I know the first three rules of real estate. Location, location, location. I’m shopping in Philadelphia suburbs and it’s a bit of a unique market. Many affordable houses here are twins or rowhomes, with SFH costing quite the premium. For experienced real estate professionals, would you rather purchase a twin that needs some work in a more “desirable area” (higher income, higher median home price value) or a pretty nice SFH in a good, not great area (8/10 schools, median income 70-80k, decent amenities). Most of the time, these 3bd/1ba twins are going for the same as a 3bd/2ba SFH. I know it’s a home, but I’m this market I am worried about values and future prices. Thoughts?

submitted by /u/Mynam3snotRick
[link] [comments]

I know the first three rules of real estate. Location, location, location. I’m shopping in Philadelphia suburbs and it’s a bit of a unique market. Many affordable houses here are twins or rowhomes, with SFH costing quite the premium. For experienced real estate professionals, would you rather purchase a twin that needs some work in a more “desirable area” (higher income, higher median home price value) or a pretty nice SFH in a good, not great area (8/10 schools, median income 70-80k, decent amenities). Most of the time, these 3bd/1ba twins are going for the same as a 3bd/2ba SFH. I know it’s a home, but I’m this market I am worried about values and future prices. Thoughts? submitted by /u/Mynam3snotRick [link] [comments]

<a href="Read More“>View Full Article

Need More Commercial Real Estate Leads?SAVE 40% this month!

Our commercial valuation calculator was created to evaluate commercial real estate. In 6 quick steps you will know your NOI, CAP RATE, and IRR.

Now you can get your own branded version of our calculator!