Quote:
Originally Posted by Edward64
Looking back, any tips or trade secrets on picking the house you did?
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When we bought our house, we were looking at several, but we fell in love with this one.
Our realtor said that out of all the houses we were looking at, ours was likely to have the least appreciation in value compared to the others. But, we really wanted this house and we were looking at it as a home and not an investment, so we bought it.
It turns out that we are now in an area close to where our town is doing a ton of public development (a huge public park, incentives for restaurants, etc.), so our home has basically increased a lot in value as a direct result of that.
All of which is to say, buy the house you want because no one can truly predict the future. Too many decisions that are out of your hands (schools, highways, traffic, development) will affect the value in ways you can't anticipate.