Did You Know...that the size of the land and its zoning can be more important to the value of your property than the actual house? Houses don't actually go up in value, they depreciate. As houses age, they require repairs just to maintain the same value that they had when you purchased them. Things break and need replacing just like cars. Real estate refers to the dirt; the land that the house sits on!
Find property where you can build something bigger, like a suited property or apartment building, or something you could subdivide! That dirt may be the price of a normal house but the future value is much higher! Buy something on the edge of town, or in town in a mature neighborhood that's on a big lot that you could subdivide into 2 lots, or buy something with different zoning, zoning that allows you to build something higher density. R 2 zoning is for duplex’s or 4- plex’s, R3 or R4 can be apartment building sites in the future. Look to the future, examine all the possibilities of a property, then decide with the big picture in mind. Take a piece of land and fold it up to the next level of use.
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