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Updated almost 5 years ago,
Is appreciation generally better in an Urban area?
I'm curious if paying slightly more for a property in an urban setting (in my case Salt Lake City) is a good investment over buying a slightly cheaper property in a steady growing suburban setting (in my case Sandy City, which is 20 minutes from Salt Lake City).
Should I buy the larger home with more rooms and bathrooms with more square footage? Or should I buy a smaller more humble property that is in a good area of downtown? I know there's a lot of gray area to this question. What would the more seasoned investor JUST starting out?