acctgchic, Home Buyer in Brooklyn, NY

what was the increase/decrease in home values from 1989 to 2013?

Asked by acctgchic, Brooklyn, NY Mon Apr 14, 2014

Help the community by answering this question:


Keep in mind that each area/block is unique, and decreases/increases really depend on exact location, type of property, condition, size, any upgrades, amenities, parking, etc., therefore if looking to buy, such information/generality is really useless, rather review current market details with your agent...
1 vote Thank Flag Link Mon Apr 14, 2014
I was recently involved in working a similar valuation puzzle involving a family that had owned a house in Fort Greene since the very early 1900's. It had gone through many passing's of one family member to another without any real probate. And now was being sold on the open market.
It was very enlightening to see in hind sight what a difference something like the Navy Yard closing, the BQE being built etc. makes to property values.
So the answer to a general question such as yours is almost impossible to say without a specific location.
Real Estate really is a local market and cannot be generalized.

Kathryn Lilly, Broker
Realty on the Greene, LLC
0 votes Thank Flag Link Tue Apr 15, 2014
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