The real estate market is filled with buyers with different goals. While some buy homes for their personal use, others buy with investment in mind. If you had to choose between a big house on a small lot or a large lot with a small house, the latter is more beneficial. Here are some of the reasons why.
More Bang for the Buck
Lots typically increase in value as time passes. This is especially true if you are buying in choice places such as affluent cities where the demand is greater than the supply. Houses, on the other hand, can depreciate in value and need regular maintenance which can be costly in the long run.
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