|
All agents are NOT alike! Find out why we are top real estate experts. Call us: (512)330-9300.
|

Sign Up For Our eNewsletter, FREE! There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU. Find Out More > View All Offers >
|
Compare three mortgages at one time.
Download TripleCalc now. It's free.
|
Linda Bishop and The Bishop Team
are some of The Top Selling Real Estate Experts Find Out More > |
|
|
 |
|
The Best West Austin, Southwest Austin, and Lakeway Web
Sites |
|
Chambers of Commerce |
Transportation |
|
|
|
|
Business and Economy |
City
Guides |
|
|
|
|
Local
Airports |
News
and Media |
|
|
|
|
Local
Government |
Health Care |
|
|
|
Request Our Free West Austin, Round Rock, and Lakeway Relocation Package. Request our Free West Austin, Round Rock, and Lakeway Relocation Package. It's packed full of useful and important information about the West Austin, Round Rock and Lakeway, Texas area. Don't move here without it! Are you new to the area? Request our FREE West Austin, Round Rock, and Lakeway package of relocation information. It's our job to help! There's no obligation, and we promise to respond quickly... 
 |
Investment Real Estate >Location And Value
One of the most important factors that affect the value of property is obviously location. Wise investment philosophy suggests that you invest in a sound property in a more modest area that will increase in value in the future. Buying into an area that is being gentrified, or that is otherwise coming back, is one way to do this.
Timing is everything, however! Most investors don't want to risk too much by being a pioneer, but want to get involved early enough so that there is still considerable room for appreciation in value. Being a pioneer is fine if you are a risk-taker with a lot of patience and cash is not the primary issue. Otherwise, it is safer to buy into an area after the restoration trend is unmistakably established.
Neighborhoods that are ripe for restoration have some common characteristics. They are next to a prestigious area or in a good walk-to-work location and have houses that are basically in good condition or "fixer-uppers" with realistic price tags.
|
 |
| Q |
Where can you find the world's largest residential palace?
|
| A |
The Istana Nurul Iman, palace of the Sultan of Brunei, includes 2,152,782 square feet, 1,788 rooms, 257 bathrooms and a 110-car garage. |
See More Real Estate Trivia > |
|
|
|
|