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I was wondering what the view is on the houses around Tuckahoe Lane.
I think the plus side is that its close to Hill St and the beaches, and prices are a fraction of what houses go for a few minutes closer to the Hill Street.
The negative of course is the proximity to the train tracks and the fairly run down houses in the street.
Is this an area that could gain value in the long term?
thanks for any advice.
Look at it this way... if you perceive this house/location to be damaged goods now, chances are, when it's your turn to sell, it will still be considered damaged goods. The RR tracks aren't going anywhere and neither are those neighboring rundown shacks. Also, nobody should be buying in this market with upside potential in mind. You buy because you have to or because you have found a house that works for you. Housing prices are still near their peak and still have some more falling to do.
thanks for your comments hejiranyc.