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Updated over 15 years ago,
Backing up to a busy road???
Im looking at a nice house, golf course community, 10 years old, 2900 sq ft, 5/3.5/2 . Understand, this is in Houston, so the swings aren't anything like the inflated values that crashed on the east/west coasts, etc.
House was at 226k(tax value) two years ago. I can probably get into it at 175-180k.
The problem is, it backs to a busy street, nothing big, two lanes and a turn lane, but its a growing area, so it will be widened in 5-10 years, I assume. There is easement area to give up, so it wont encroach on the property, and there is a tall privacy fence, 8 ft at least.
In your experience, how much cheaper will this house need to be vs. interior comps in the same neighborhood to move it later???