Kadero Edley![]() "Expect More, Get More" | Land Realtor at Tom Smith Land and Homes 112 Village Blvds Madison, MS 39110 Office: 601-898-2772 |
This realtor has 16 recent and active property listings that range in price from $14,000 to $1,140,000 with the most recent sale on 2024-06-14. | |
Serving the areas of French Camp, Coila, Lexington, McCool, Cleveland, Meridian, Victoria, Tutwiler, Belden & Isola | |
Chad Smith![]() All Things Land - Land, Timber, Lakes & Roads | If you are looking for a Realtor/Broker & Registered Forester that understands the land & residential real estate market in ... see full details and contact information for Chad ... goal for not only Chad but each of his agents at LandMAX Properties, LLC. |
This realtor has 1 active or recent property listings for $120,000 with the most recent sale on 2024-03-04. | |
Serving the areas of Ridgeland, Gallman, Farrell, Big Creek, Moorhead, Jonestown, Preston, Dundee, Magnolia & Doddsville |
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.