Still, it is moving forward and as the Nationals improve, attendance and businesses should start growing. If things around the ballpark pick up, I am sure it will translate into growth in the SW waterfront area and if you are looking at a 5 year horizon, you may do ok.
more space/amenities help increase resale value. The particular building that the property is in can make a difference as well. There are stats to be had that can provide insight into what is going on in the building, and surrounding buildings as well. The number of investment properties in a building can also have an adverse impact on sales. Lenders are reluctant to lend money in buildings where a significant number of the units are not owner occupied.
There are a lot of factors that can influence the resale value of your property, some of which you will not be able to control. Best bet is to find yourself a good agent who can help you navigate the purchase, and eventual sale.
Phase II Realty
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