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Updated over 10 years ago, 04/21/2014
Hospital Being Built Near Home
I bought my house at its lowest point in the market 4bed/3bath with nook 1800 sqft for $105,000 house value at peak was $250,000. We got an USDA loan on house so we only had to put $1,000 down on house current mortgage payment with taxes and insurance is $800.00.
In 4 months a St. Joes hospital will be opening up and about 5 miles down the road there is an Amazon warehouse opening up. I have also heard there suppose to be building a shopping mall and office retail area across the street from our neighborhood. My question is will this add more value to my house? I am currently trying to talk my wife into renting out are house so we can have someone else pay off are mortgage (which is hard task lol).
What advice would give me to do to this house ex: rent it out, sell, etc.....?