While the numbers must be the primary consideration for acquiring or selling a property or real estate opportunity, your research and running the scenarios should not stop there. I’m amazed at the number of times I have to remind a student, client, or valued connection about this. Facts about demographics, nearby properties and amenities, and the potential for the location sometimes are as important as the numbers.
Sometimes, as the below linked article shows, it’s a matter of which side of the tracks you are on. (Or, in this example, which side of the freeway.) No matter what our individual feelings and philosophies are, the local environment plays a role in the pricing and structuring of real estate. Which side of the tracks, freeway, mountains, or woods a property is on can make or break a deal. It’s another reason you can’t rely solely on the numbers.
https://nextcity.org/urbanist-news/new-study-shows-how-much-highways-block-social-connection
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