Mark Baker![]() | Mark Baker, CCIM, Broker/Owner of Michigan Commercial Properties LLC, (MCP) specializes in the listing and sales of Michigan ... see full details and contact information for Mark ... Mortgage BrokerageMarket Areas: Entire lower peninsula of Michigan |
Mark has 0 active or recent property listings for $0 with the most recent sale on 2023-03-24 for $350,000. | |
Serving the areas of Walkerville, Mattawan, Potterville, Sylvan Beach, Alto, Rodney, Lawrence, Paw Paw, Lakeview & South Haven | |
Steven Amaro![]() | Buyers + Sellers Agents |
This realtor has 0 active or recent property listings for $0. | |
Serving the areas of Kalamazoo, Comstock, Vicksburg, Battle Creek, Otsego, Schoolcraft, Mattawan, Bedford, Tekonsha & Augusta | |
David Bailey![]() | David is one of West Michigan's finest real estate brokers serving all parts of West Michigan. His full-service company, ... see full details and contact information for David ... with five Regional Emmy awards for his fact-finding and journalism on TV. |
This realtor has 1 active or recent property listings for $189,900 with the most recent sale on 2024-08-09 for $610,000. | |
Serving the areas of Laingsburg, Chippewa Lake, Sodus, Grant, Hubbardston, Bangor, Lowell, Eureka, Mears & Twin Lake | |
Read the reviews for David Bailey | |
Brenda Ridner![]() | Raised in Monroe County. Married 27 years, with two children. Attends Steward Road Church of God. I am continuously updating ... see full details and contact information for Brenda ... a genuine commitment to providing you with the best real estate service. |
Brenda has 1 active or recent property listings for $209,900 with the most recent sale on 2024-03-29 for $489,900. | |
Serving the areas of Lambertville, Tecumseh, Monroe, Luna Pier, Erie, Ida, South Rockwood, Flat Rock, Bedford & Temperance |
I can help you with that! Here are some of the advantages and disadvantages of homeownership in Detroit, Michigan:
Advantages:
- Home prices in Detroit are generally more affordable compared to other cities in the US, which means you may be able to get more house for your money.
- The city is experiencing a revitalization, with an increase in population, jobs, and economic growth, which may lead to increasing property values.
- Homeowners in Detroit have access to a variety of amenities, such as parks, museums, historic sites, and cultural events.
- Owning a home can offer long-term financial benefits, such as building equity and providing a stable, predictable housing payment.
Disadvantages:
- The city has a high crime rate, which may impact your safety and property values.
- Parts of the city have a declining population and a higher number of vacant homes, which can lower property values around those areas.
- Detroit has higher property taxes compared to other cities in Michigan, which could increase your monthly housing payment.
- As with any city, the housing market can be unpredictable, so there is always some level of risk involved in buying a home.
It's important to do your own research and talk to a real estate agent or financial advisor before making any big decisions about homeownership in Detroit or anywhere else.