When evaluating a property’s worth, I recommend paying attention to the land. As a general rule, keep in mind that land appreciates while improvements (buildings) depreciate over time. What is the gradient, is it rectangular, does the backyard face north? All factors that can influence future property growth.
Another rookie move would be to buy property located alongside main roads. While that may sound like a brilliant move, it likely will result in traffic congestion, impeded access and significant noise disturbance. Instead opt for property that’s within walking distance to train lines, bus routes and the like. Get a deeper look at the five things you should consider before buying property over on Switzer.[/fusion_text][fusion_text]
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