NextPrevious

Real Estate

The Basics

What is another general rule about location?

Some people believe you should consider buying the worst house on the best block, since high home prices on the street may already demonstrate that it is a very valuable area in which to live. And with some hard work—and perhaps cash invested to improve it—the house will be far more valuable over time than buying “the best” house on the block, one that requires no work or additional changes but already commands a premium price, as there is less potential for appreciation.



Close

This is a web preview of the "The Handy Investing Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App