Expert, localized Los Angeles answers provided by Heather Roy

Ask Heather about: Mortgages, Finance, Taxes or Home Selling?
  

Which to Buy

  We have a choice to make between 2 houses. The one we love is 2 story on a corner lot at the beginning of the subdivision so the back is on the road, but .5 acre so it's off the road a good ways. The other is a ranch, not as stunning, on a 1.25 acre lot with a railroad track in the back yard. Which do we chose for resale value? Either is not great, which one is worse? A ranch brings more money, but we love/want the 2 story on the road.
 
  If you think you're going to be there for more than a couple of years, by all means buy the one you really love.  Your own home should be a matter for enjoyment, not primarilly investment.
    Edith
Originally published on May 6, 2008
 
    Back to Summary