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The Motor City
Jill Homann | By The Bay Realty & Auction
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| Jill has 0 active or recent property listings for $0 with the most recent sale on 2023-08-25 for $320,000. | |
| Serving the areas of Mason, Washburn, Marengo, Cornucopia, Ashland, Bayfield, Mellen, Port Wing & Iron River | |
Sadie Schmidt  | Looking to buy or sell a home in Northern Wisconsin? You need the right REALTOR who can help you navigate the market and ... see full details and contact information for Sadie ... to the area. Contact our today to learn more about our services. |
| This realtor has 0 active or recent property listings for $0. | |
| Serving the areas of Exeland, Bayfield, Herbster, Benoit, Cumberland, Hayward, Turtle Lake, Shell Lake, South Range & Cornucopia | |
Elena Tritchkova-Lamoreaux | I am originally from Bulgaria but I have lived in the Bayfield/Madeline Island area for over 20 years and loving it! I am ... see full details and contact information for ... forward to assisting you in selling/buying a home in this beautiful area! |
| Elena Tritchkova-Lamoreaux has 2 recent and active property listings that range in price from $400,000 to $825,000 with the most recent sale on 2024-05-23 for $985,000. | |
| Serving the areas of Herbster, Port Wing, Bayfield, Cornucopia, Washburn & La Pointe | |
| Read the reviews for Elena Tritchkova-Lamoreaux | |
Amy Spampinato | Re/Max Prodigy Duluth
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| Amy has 1 active or recent property listings for $249,900 with the most recent sale on 2024-06-10 for $725,000. | |
| Serving the areas of Knife River, Hawthorne, Saginaw, Duluth, Esko, Alborn, Two Harbors, Wright, Holyoke & Gilbert | |
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.