When many of us buy a Miami home, we sometimes consider just the superficial appeal and do not devote much thought to Miami market resale value. We may be blinded about our South Florida home purchase and are thinking about how we will decorate it; as well as the years of enjoyment we will derive from this home.
However, most Miami home buyers do not spend more than five to seven years in a house and consideration should be given to resale value as well as current satisfaction.
The Miami property location of the dwelling in a residential neighborhood is important and you have to look at the Miami real estate market trends to judge future value. There are the basics to keep in mind like, avoid living on a busy street with a great deal of traffic especially if you have small children. Backing on a main street is also undesirable due to the possible noise factor and lack of privacy. There are are certain Upper East side neighborhoods in Miami which limit drive through traffic such as Morningside and Belle Meade.
However, most Miami home buyers do not spend more than five to seven years in a house and consideration should be given to resale value as well as current satisfaction.
The Miami property location of the dwelling in a residential neighborhood is important and you have to look at the Miami real estate market trends to judge future value. There are the basics to keep in mind like, avoid living on a busy street with a great deal of traffic especially if you have small children. Backing on a main street is also undesirable due to the possible noise factor and lack of privacy. There are are certain Upper East side neighborhoods in Miami which limit drive through traffic such as Morningside and Belle Meade.
An important consideration is the safety factor. The local police department will be able to provide information on crime statistics in the neighborhood. Another important point to research is the Miami neighborhood zoning.
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