If you’re buying the nicest house on the block hoping the neighborhood will improve, you’re putting a lot of stake in a volatile market—and you’re more likely to be disappointed. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know it’s a wonderful idea, and it is certainly realized occasionally. For each time this strategy works, there are a dozen others in which homeowners end up with an overpriced, unsellable home in a middling neighborhood. If you’re eager to live in a neighborhood with potential, buy one that needs some improvement. At least you can improve the interiors and make it more valuable. If that neighborhood doesn’t actually improve, your expensive home is already as viable as it can be. Sometimes, betting on your home can pay off—but risking your home? That strategy might sacrifice everything. Check out below to see what sold in Woodlands of Northville in October 2015:
16500 Cottonwood Court, Northville: 2 bedrooms, 3 bathrooms, 1,967 sq. ft., 2 car garage, Sold Price: $425,000
Woodlands of Northville Home Sold
October 2015
For more information on Woodlands of Northville, or similar Northville or Novi neighborhoods such as Autumn Park, Beckenham and Ravines of Northville, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.