If you need assistance, please call 401-232-7661

Buying the Most Expensive Home on the Street

Thursday, February 4, 2016   /   by Nathan Clark

Buying the Most Expensive Home on the Street

Selling a home? Click here for a FREE Home Price Evaluation

Whenever we help someone buy or sell a home, we run a comparative market analysis on the property to make sure that it's priced correctly within the neighborhood. This often results in a conversation about which home is the most expensive in the area and why.

You might think it would be nice to own the most expensive home on the street, but there are actually quite a few disadvantages to that. These houses always go down in value, and this is because the homes around them are smaller and they bring down the sale price of the most expensive home.


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This is just a reminder of how important it is to work with a real estate agent who has the tools and the experience to examine a neighborhood and determine which property would be the best for you to purchase as a lifelong investment.

If you need any real estate assistance whatsoever, please don't hesitate to contact me!

 
Nathan Clark & Associates
Nathan Clark Team
39 Cedar Swamp Rd
Smithfield, RI 02917
401-232-7661

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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.®
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.© 2019 State-Wide Multiple Listing Service. All rights reserved.