Quote:
Originally Posted by ray9898
Hell...common sense and personal experience should tell people this. I know when I was looking at homes a few years ago I passed up a lower priced home that was nicer than the one we purchased because of the neighborhood. The neighbor on one side appeared to be running a car resoration business out of his driveway and the other side was a rental with at least 2 families in it. I loved the house but passed because of the neighbors.
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That was basically about location. The local zoning code of that area apparently allowed multifamily dwellings. That kind of thing DOES hurt property values.