Resale Value 1 Bedroom Condo All Locations : Advice

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Israel Gutie…, Real Estate Pro in Austin, TX
Israel Gutierrez answered:
Does removing the carpet and installing hardwood flooring in the bedrooms and li ... as tiles in the bathrooms add value to the home? ...
Hello Roger,
You can rest assured that adding higher end finishes to you home with give you good ROI especially with the items your are looking to replace. You want to be careful not ... more
0 votes Share Flag Tue Jan 5, 2016 Home Selling in Austin
John Loulan,  in Washington, VA
John Loulan answered:
I'm investor looking for 1 or 2 bedrm in NW D.C. ideally Foggy Bottom / Dupont Cir. Would like advice as ...
This format is not ideally suited for investment advice. It really takes a conversation to find out what your goals are to give you the best advice. Tax shelter? Future Appreciation? Ca ... more
0 votes Share Flag Wed Mar 12, 2014 Home Buying in Georgetown
Bob  Thomas, Real Estate Pro in Sacramento, CA
Bob Thomas answered:
Is it better to buy a 4 unit complex in South Sacramento or a single family house in Roseville or Citrus Heights area?
One key factor is the Return on Investment (ROI). All good investors look at this along with Management fees, taxes, insurance vacancy rate, maintenance, repairs and reserves for major ... more
0 votes Share Flag Thu Sep 22, 2011 Home Buying in Sacramento
Marge Bennett, Real Estate Pro in Fort Myers, FL
Marge Bennett answered:
where is the best area to buy rental property on the florida gulf coast?
are you looking for annual rentals or seasonal? The Ft Myers/ Cape Coral area is great for both. Give me a shout if I can help you.
Marge Bennett
RE/MAX Realty Group
Ma ... more
0 votes Share Flag Fri Sep 9, 2011 Home Buying in Florida
Derek M.  Ne…, Real Estate Pro in Ladera Ranch, CA
Derek M. Nelson, JD answered:
Should I buy rental property in Irvine/Tustin?
Good morning, I dont think that anyone can efficiently and effectively answer that question within 5000 characters. It really depends on a myriad of circumstances, how risk averse you ... more
0 votes Share Flag Sun Jul 24, 2011 Home Buying in Tustin
Rod Watson, Real Estate Pro in San Diego, CA
Rod Watson answered:
Is it worth buying a 1 or 2 bedroom condo for our son who will be at UCSD for a 5 year doctorate funded pr ...
It all depends on the area and price point your are looking to
purchase. If you were to buy in the right area I would say that yes you could come out a lot better with a good ROI on yo ... more
0 votes Share Flag Thu Jul 26, 2012 Market Conditions in La Jolla
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
New Home buyer (Downtown Chicago) - Expenses and fixer upper vs. already remodeled units.
First, you need to sit down with a lender or mortgage broker who can see what you qualify for, what type of financing would be suitable for you, etc. Without knowing what kind of loan y ... more
0 votes Share Flag Wed Jul 13, 2011 Home Buying in Chicago
Cohn Pamela, Real Estate Pro in clearwater, FL
Cohn Pamela answered:
Is it a good investment to buy a mobile home (in 55plus community) for a vacatio ... to a condo in St Petersburg, Fl? ...
Hi Elizabeth,

In many instances unless the mobil home is in a prime location it does not hold it's value. They are also harder to insure if at all. Make sure to check if the m ... more
0 votes Share Flag Thu Jun 18, 2015 Home Buying in 33701
Team Foisy,  in Mount Dora, FL
Team Foisy answered:
Are DR Horton homes typically considered to be of poor quality? Are these homes more difficult to resell?
Hello Janie,

Congratulations on your decision to buy a home! I truly believe we are in a great market for homebuyers!

While I am not familiar with DR Horton in Texas, I can tell ... more
0 votes Share Flag Mon Jan 25, 2016 Home Buying in Humble
Kenzo Tatsuno, Real Estate Pro in waltham, MA
Kenzo Tatsuno answered:
Will refinishing a basement in Brookline add value to my condominium upon resale? How are finished basements ...
Short answer: Adding increased living square footage will increase the value of your home. Long answer: It all depends on several questions. 1) what is the amount of additional space? W ... more
0 votes Share Flag Mon Jun 6, 2011 Home Selling in Brookline
Dp2, Other/Just Looking in Virginia
Dp2 answered:
Is it unwise to buy an investment rental property in a rent controlled area such as Santa Monica?
It depends on your exit strategy and your numbers.
0 votes Share Flag Fri Nov 1, 2013 Home Buying in Santa Monica
Jenet Levy, Real Estate Pro in New York, NY
Jenet Levy answered:
I'm rennovating my Upper West side 1 br apt. For the bathroom, I'm considering putting in a stal ...
My honest opinion based upon a lot of experience is that yes, if you renovate in a way that you will have a shower and no tub, that will affect resale because many people like t ... more
0 votes Share Flag Sat Dec 21, 2013 Remodel & Renovate in 10023
Lindsey Ment…, Home Buyer in Chicago, IL
Lindsey Menteer answered:
i want to buy a duplex down. the other 2 units in the building (2 & 3 fl) sold at $270k. How much more should the duplex be? it is 1st fl &
as a follow-up, the unit is a duplex down (1st floor & garden). the 1st floor has the exact same floor plan as the other units. the basement portion has 1 additional bed & bat ... more
0 votes Share Flag Sun Apr 3, 2011 Home Buying in Chicago
Glen Mitchell, Real Estate Pro in Half Moon Bay, CA
Glen Mitchell answered:
Urgent help in what to put an offer on !!!!
What does your agent say? Are you using one? They should be able to run you comps and provide you the proper values. Worth its weight in gold, and will make either purchase a better ... more
0 votes Share Flag Fri Apr 1, 2011 Home Buying in Sunnyvale
Eduardo Bran…, Real Estate Pro in Weston, FL
Eduardo Brandt answered:
If I want to invest $300,000 in properties looking for capital gain & income, would it better to buy one property or two properties at $150,000
I don't know your market, but in mine, two rental homes of $150,000, which is currently the average single family home price, will give you about 10% more income than a $300,000 on ... more
0 votes Share Flag Wed Mar 30, 2011 Home Buying in San Jose
Joseph Gheit…, Real Estate Pro in Chantilly, VA
Joseph Gheitanchi answered:
ELAN at East Market Condo in Fair Lakes , VA for $270k? Too high?
Go out a little to Centreville and you can have a 3 level townhouse roughly 1,600+ square feet for the same price, it be a much better resale in a few years in my opinopn
0 votes Share Flag Mon Jul 8, 2013 Home Buying in Fairfax
Beth Jenkins, Real Estate Pro in North Miami Beach, FL
Beth Jenkins answered:
I am trying to buy condo in the Hollywood florida as an investment. What is better to buy 2 bedroom or one be ...
I feel that 2 bedrooms and ocean are alway the more desirable for a rentall and investment but it really depends on your budget and what you feel comfortable with.
Some people lik ... more
0 votes Share Flag Sun Feb 22, 2015 Home Buying in 33027
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
Town home or Single family home in he midlesex county area?
No one has a crystal ball, so we can't say what the market is going to be like in 6-8 years. (Hopefully it's only going to go up!). My concern about buying new construction is ... more
0 votes Share Flag Fri Feb 18, 2011 Home Buying in Massachusetts
John Mansfie…,  in Westborough, MA
John Mansfield,ABR,SRES,CHMS answered:
Buy or Rent?
Boston Lover... now is a good time to buy. The rates are still low and there is more to choose from. By the time you are going to be looking to sell, the market should be improved, ther ... more
0 votes Share Flag Tue Dec 20, 2011 Home Buying in Boston
John Morrison, Real Estate Pro in Las Vegas, NV
John Morrison answered:
Can anyone tell me the state of the rental market in zip code 89131--what's this neighborhood called? Are the rents decent? Is there demand?
89131 is part of the Centennial Hills area of Las Vegas. This particular Zip Code has quite a diversity of property types with a lot of open space that gives the area a much less conge ... more
0 votes Share Flag Fri Feb 25, 2011 Rentals in Las Vegas
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