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The Motor City
Ron Wells Helping you to buy or sell with friendly knowledgeable service | Ron became interested in real estate while buying and selling his own houses. He has degrees from Western Michigan ... see full details and contact information for Ron ... to improve lives by providing friendly, exceptional real estate service. |
| This realtor has 1 active or recent property listings for $232,900 with the most recent sale on 2024-07-26 for $529,000. | |
| Serving the areas of Athens, Tekonsha, Burlington, Union City, Battle Creek, Marshall, Homer, East Leroy & Augusta | |
| Read the reviews for Ron Wells | |
Cathy Gordon | Born and raised in Branch County, very involved in non-profit community organizations, property manager of Public Housing ... see full details and contact information for Cathy ... and 5 beautiful grandchildren. Mama to a very spoiled dog, Frankie. |
| Cathy has 0 active or recent property listings for $0 with the most recent sale on 2023-03-27 for $395,000. | |
| Serving the areas of Union City, Bronson, Sherwood, Quincy & Coldwater | |
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.