Future valuation of small lots

Discussion in 'Loans & Mortgage Brokers' started by Caffeine User, 27th Jul, 2015.

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  1. Caffeine User

    Caffeine User Member

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    22nd Jun, 2015
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    I am looking at a property in an area where 95% of the free standing houses are around 700m2 in size. What are the possible issues for buying a house that is sitting on a 300m2 sized lot?

    The rate of growth from similar 300m2 blocks seems to increase at a steady rate. I understand that there will be less potential buyers, but, will future valuations be an issue too? Buy&Hold strategy. thanks~
     
    Caffeine User, 27th Jul, 2015
    #1
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