I'm new to NYC and would like to know more on the neighborhood. How are the basic value added attributes of a property, depending on which the rates differentiates? What are the basic services that the authorities are providing, and the residents rarely want to depend on private service providers? Like we here in Toronto have the authorities who take care of the waste bins of a locality, and have... [more]
I'm new to NYC and would like to know more on the neighborhood. How are the basic value added attributes of a property, depending on which the rates differentiates? What are the basic services that the authorities are providing, and the residents rarely want to depend on private service providers? Like we here in Toronto have the authorities who take care of the waste bins of a locality, and have a yearly or monthly fee for it. But people if have some additional works like renovations etc. to declutter people mostly depends on private services like that of Redbins www.redbins.ca (ON).
Such facilities in Toronto area do have a particular consideration, and I would like to know such attributes that have the capability of varying the property value.
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Response by gothamsboro
over 10 years ago
Posts: 536
Member since: Sep 2013
New York City is wonderful for its diversity of people, cultures and neighborhoods. But when transacting real estate, we speak proper New York English and follow New York law.
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Response by alanhart
over 10 years ago
Posts: 12397
Member since: Feb 2007
I agree with NoahRise.
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Response by Flutistic
over 10 years ago
Posts: 516
Member since: Apr 2007
Uh, Schools, CRIME, litter, proximity to subway. As Joni Mitchell sang, we live in a dirty town.
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Response by jelj13
over 10 years ago
Posts: 821
Member since: Sep 2011
The city provides garbage/recyclable removal for everyone, so that is not a factor in the value of properties. They have days to pick up furniture. Your contractor has to set up private removal of renovation debris. The sanitation department publically lists the days for pick ups by neighborhoods.
Flutistic is correct about what does affect the relative value. Personally, I think there is a lot of media hype that makes particular neighborhoods "trendy". 45 years ago, no one would live in any of the downtown neighborhoods of Brooklyn (except Brooklyn Heights), Tribeca, or the Upper West Side. No developer would even consider building there.
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New York City is wonderful for its diversity of people, cultures and neighborhoods. But when transacting real estate, we speak proper New York English and follow New York law.
I agree with NoahRise.
Uh, Schools, CRIME, litter, proximity to subway. As Joni Mitchell sang, we live in a dirty town.
The city provides garbage/recyclable removal for everyone, so that is not a factor in the value of properties. They have days to pick up furniture. Your contractor has to set up private removal of renovation debris. The sanitation department publically lists the days for pick ups by neighborhoods.
Flutistic is correct about what does affect the relative value. Personally, I think there is a lot of media hype that makes particular neighborhoods "trendy". 45 years ago, no one would live in any of the downtown neighborhoods of Brooklyn (except Brooklyn Heights), Tribeca, or the Upper West Side. No developer would even consider building there.