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Bellevue, Washington, located on the east side, is still one of the best places to live that offers a great quality of life in a stable real estate market. Bellevue, WA showed a 2-8% growth in the last year. Have you considered looking into the real estate market in or near Downtown Bellevue? Bellevue, Wa condo highrises have shown to be very popular among buyers and offers unbelievable views that are priceless.
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Which do you prefer, the centrally located home on a small 4,000sq.ft. lot or a home with land 1/2 acre or more usually located further out. Lets take a look at the two; the small 4,000sq.ft. lot, it's nicely located, this usually equates to good proximity to parks, schools, shopping, medical services, and interstates and highways. The home with acreage has great features as well; privacy, tall mature trees, big yards, less crime (statistically) and room to grow your family (if you're going down that road).
Now here's some negatives to each; the small lot has these issues; no room for expansion (which adds value), storing a boat, rv or for that matter even your lawn mower. Does it bother you that when you step out into your backyard your neighbor is less then 40' away or that you can look right into someones bath or vice versa. The nice country home has some significant issues as well; every trip to the store needs to be planned, your drive to work may be 20 minutes even on the best days, if you have children they may be taking the bus to school. It really comes down to your preferences and priorities.
I'm not without my prejudices, I prefer the land, I want the privacy, I want to be able to expand or build something on my property, I'll take the the longer drive to work. I won't go to the store as often or out to eat as much, but I think that's a good thing. And the likelihood that I'll live in the same home longer is much more probable because I won't run out of space. But hey, that's me. What about you?
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