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User Stats

19
Posts
9
Votes

Thoughts on new homes in older neighborhood?

Prajita Niraula
Posted

I am seeing a lot of new homes near Downtown that are good for the price and have great potential but they are in older neighborhoods. Are these good investments? 

User Stats

92
Posts
43
Votes
Diego A.
  • Real Estate Agent
  • Flower Mound, TX
43
Votes |
92
Posts
Diego A.
  • Real Estate Agent
  • Flower Mound, TX
Replied

There are many factors to look at. Are those neighborhoods growing? What is the expansion plan from the city? How home values appreciated against other neighborhoods?

Then it is important to know what is your investment strategy, risk tolerance, and time that you are going to dedicate in the game.