Nate Project Manager
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What encouragement or advice do you all have as it relates to investing in a transitional neighborhood where the home renovation will out price the market? Worth the risk? Are we crazy to consider doing that? We want to see the neighborhood thrive, but also don't want to be the only one making an investment. We would rather be a catalyst than an outcast.
My wife and I live in an old mill village that has seen some revitalization efforts over the past 17 years. We love the idea of housing and community and used to sit on our front porch and talk about buying the home across the street should those neighbors ever want to sell. Long story short, we ended up buying the property and renovating the detached garage apartment into a 651sq ft. ADU. Although small, it provides an additional housing unit and an affordable option for the current tenants. Our town has a long way to go, but its the small things like this that add up to create vibrant communities!