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re: Housing Outlook in Jefferson Terrace
Posted on 1/8/13 at 4:50 pm to omarlittle
Posted on 1/8/13 at 4:50 pm to omarlittle
I am on the fence about that area... It is a great location so i could see it becoming and established neighborhood in the middle of everything (like Westdale)
BUT you are seeing a lot of garden home style development.. with small lots.. IMO that works fine when the inventory is new... but in 30ish years from now when this inventory is up for a remodel its going to be interesting to see what people do... It's tough to remodel the exterior of a house when it looks the same as every other house... Its also hard to add on b/c of the small lot size... so people will grow tired of the design or be forced to move out because of growing families... so i expect there to be a high turnover rate... thus not allowing for long term family growth that you would see in a more established neighborhood
BUT you are seeing a lot of garden home style development.. with small lots.. IMO that works fine when the inventory is new... but in 30ish years from now when this inventory is up for a remodel its going to be interesting to see what people do... It's tough to remodel the exterior of a house when it looks the same as every other house... Its also hard to add on b/c of the small lot size... so people will grow tired of the design or be forced to move out because of growing families... so i expect there to be a high turnover rate... thus not allowing for long term family growth that you would see in a more established neighborhood
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