Both Chicago new homes and Chicago resale homes have advantages
and disadvantages, but as a rule of thumb, resale homes usually cost
a little less than new homes in the same area. Many try buying Chicago resale homes with a view. Homes with a pleasant view of the horizon
often sell at a premium above similar homes without the view. Terms
like oceanfront, beach front, waterfront are used in real estate to
express these premium locations. However, if a view is important to
you, buy it mostly for your own pleasure and not as an investment.
Though you may place a considerable dollar value on the view, future
buyers may not be so like-minded. It may take you longer to find a
buyer when it comes time to resell the house. Or you may end up dropping
your price to more nearly match other sales prices in the Chicago
neighborhood. In short, if you are buying a house in Chicago with
a view, try to pay as little extra as possible. Otherwise, you might
not get your money back on your investment.
Chicago homes for sale
(introduction)
Chicago condos
Chicago cooperatives
Chicago resale homes
Chicago gated communities
Chicago townhouses
Building a house in Chicago
Chicago new homes
Chicago luxury homes
Chicago lofts
Chicago investment property
Illinois bungalows
Chicago duplexes
Chicago triplexes
Chicago residential real estate
(attached)
Chicago residential real estate
(detached)