Being The Nicest Home On The Block

A quick note on a busy day:

Being the nicest home on the block is really not the best thing in term of your home’s value.

Think about it this way: would you rather pay for a $200k home in an area of $100k homes, or would you rather buy a $200k home in an area surrounded by $400k homes?

The fancy name for that is the Principle of Regression: basically, all the homes around your home are either helping you or hurting you.  So if you’re the best home around, every one else is keeping you down!

And a nice desert vista from North Tucson:

desert landscape from a tucson home

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Equal Housing Opportunity Realtor
Applied Real Estate Technology