Thursday, September 19, 2019

Essay --

After carefully considering the area of both homes, including the crime rate, median home prices, schools in the area, etc, as well as the improvements needed on property A and the ones already done on Property B, I feel that Property A in Chapel Hill, NC would be, in my opinion, a better investment property. If I had a family, were just starting out and could do some of the work myself, this would be a good investment in my future. Chapel Hill was rated in the top ten best places to live, in Money Magazine. It has beautiful weather, nice neighborhoods and lower population per square foot. It also has six, 5 star rated schools in the area and the crime rate for this neighborhood is very low. The town is centrally located with an international airport within 20 miles as well as bus stations within 30 minutes. There is a local transit system as well as taxi's. I also believe this home would have a higher resale value for the long-term, as the median comparable home values in this area , at this time, are around $350,000. I would purchase all new appliances for the kitchen, purchase a new washer and dryer and add new carpet in the bedrooms with ceramic tile throughout the rest of the home. I would add some fresh paint inside and out, as well. Then, I would add some subtle landscaping. The bushes and trees that are already there, are in good shape and are a good start. However, it looks like the lawn needs to be reseeded and the yard could use some color. I would add a couple of rose bushes and some other flowers around the perimeter of the home to brighten things up. I could do it all for about $20k for a total cost of $145,500, if I did all the work myself. If I wanted to go a few steps further, I would add all new bathroom fix... ...in and clean up, tape off and paint all walls and trim, install new cabinets, lighting and fixtures. Then I would go through and lay carpet and tile I had selected. The next step would be to start on the outside of the home and paint all exterior walls and trim. Then I would start reseeding the lawn, planting flowers and handling any other landscaping, like a sprinkler system to water the yard and plants. Finally, with everything fresh and new, I would place the house for rent, for sale or simply move in. Word Choice Word Choice Suggestions Suggestions for improving word choice appear in the text underlined in blue. Select this text to view the tips. [ Previous | Next ] Analysis complete. Select an item below to view the notes associated with that item. Title Checker Spelling Grammar Word Choice Style Vocabulary Words Grade Facebook printable summary report

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