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Real Estate Tips
Investment Real Estate >Location And Value

One of the most important factors that affect the value of property is obviously location. Wise investment philosophy suggests that you invest in a sound property in a more modest area that will increase in value in the future. Buying into an area that is being gentrified, or that is otherwise coming back, is one way to do this.
Timing is everything, however! Most investors don't want to risk too much by being a pioneer, but want to get involved early enough so that there is still considerable room for appreciation in value. Being a pioneer is fine if you are a risk-taker with a lot of patience and cash is not the primary issue. Otherwise, it is safer to buy into an area after the restoration trend is unmistakably established.

Neighborhoods that are ripe for restoration have some common characteristics. They are next to a prestigious area or in a good walk-to-work location and have houses that are basically in good condition or "fixer-uppers" with realistic price tags.

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Real Estate Trivia
Q 
What are the financial benefits of having a home near a body of water?

A 
The mere presence of water within 300 feet increases a home's value by 22 percent.
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Donna Sormanti-Saglio and Dean Saglio, REALTOR®, real estate agents and broker for Stonington, Mystic and Groton, Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

The Donna and Dean Real Estate Team
RE/MAX Coast and Country
530 Stonington Rd. Suite 101
Stonington, CT. 06378
Phone: 860-535-9009
Fax: 860-535-9229
Toll Free: 1-877-8REMAX9
Mobile (Donna): 401-559-3314
Mobile (Dean): 401-559-3313
Email: info@CoastandCountryDreamHomes.com

Make the Donna and Dean Real Estate Team your team for Success! Being a REALTOR® means more than selling homes. It's about people, families, and their hopes and dreams. It's about a relationship based on trust, knowledge and expertise. Our clients can be assured that we will always go that extra mile to make their experience the best they have ever had when buying or selling a home."

ABRCRSGRISRESeProwcrREALTOREqual Housing


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