Buy For Location, Then Add Your Bells and Whistles
Your Sun Valley home should be looked at as a long term investment. No matter how long or short you anticipate staying in the home I advise clients to consider resale. By working with someone who has an eye for value and is a market expert you can improve your odds of a good investment. I have personally invested in real estate for the purpose of renting, renovating, building and investing and will honestly share with you my tips to make a sound investment. I will fill you in on what works and what doesn’t!
Are you considering a retirement home in Sun Valley?
A second home to supplement with rental income?
Are you relocating to Sun Valley and looking for your forever home?
Whatever the case, read this to maximize your investment.
Location is key to resale value and a solid investment.
Real estate cycles occur every 7 years. If you buy a beautiful new build at the height of the market you may be forced to sell for a loss in a downturn. If you purchased a home in a desirable neighborhood with a view, your investment will fare better in a downturn and you may still walk away with some cash.
If you can afford glamour and location; great. If you can’t it might be time to strongly consider your goals with your purchase and make some tough decisions.
We are all lured to beautiful finishes, high ceilings and sprawling square footage but we should be looking for a home with good bones, in a good neighborhood with evident upside.
I have made many personal and commercial investments and am here to guide you to a great investment for your future!
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