The Carvajal Group Blog

How should the neighborhood affect my real estate choice?

February 11th, 2010

Many individuals who consider buying or leasing home often factor in the home’s neighborhood. A neighborhood can affect the desirability of a home in a number of ways.

For instance, when buying a home, the price and value of homes in the neighborhood could have future tax implications on the potential home owner. If the value of other homes goes up, then the value of almost all neighborhood homes will rise, leading to an increase in taxes.

If you have questions about your real estate choices, contact the Austin real estate company of the Carvajal Group at 512-419-7770.

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