Mmmm, maybe. The area is older, the homes are older and typically inexpensively built to begin with. Alot of times, if homes were considered affordable when they were built they will remain that way. The buyer in a market always determines value. So I guess it would depend on what improvements are made, what the improvements do to the area to make it more attractive for buyers and what you mean by skyrocket.
ReMax Experts... more