Buying a house is one of the most crucial decisions and investments you’ll make in your lifetime. You’ve probably made a list of your new home’s must-haves, such as nearby amenities, fixtures, and planned renovations. But besides aesthetics and functions, you’ll know you’ve made a favorable house investment decision if your potential property will fetch a price that is higher than what you paid for it.
After buying a house, you’re bound to pay for maintenance fees, taxes, insurance, and monthly amortization fees. Plus, if your recent housing investment is a property in a Central Business District (CBD), you can expect that you will pay a hefty price, and the expenses will never stop.
Despite the money you’ll spend on your future home, buying a house in a CBD is still considered a sound and good investment. Here are three reasons why: