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Lexington park
Posted on 6/11/16 at 1:54 am
Posted on 6/11/16 at 1:54 am
Hey guys, I'm about to buy my first home and I was looking at Lexington Park. These homes are in the 230-260k range. I'm wondering if anyone thinks this is a good investment...do you guys think the home will appreciate in value over the next oh I don't know 5 years?
1
Posted on 6/11/16 at 6:10 pm to mnguy51
My wife and I nearly bought in Lexington Estates in 2014. We were bored yesterday so we drove by Lexington and drove over to that area. My God. I'm very happy with my decision not to buy in Lexington Estates now.
Lexington Park homes are on top of each other. I can not imagine living in those things. There isn't room for individual mailboxes at each house. And they're throwing SO many of them up, I just can't wrap my head around how they have the demand for those.
Who knows what will happen with appreciation in Lexington Park. But in my head, I see it just like Springlake. That's just my take on it. And I'm no expert on anything.
Lexington Park homes are on top of each other. I can not imagine living in those things. There isn't room for individual mailboxes at each house. And they're throwing SO many of them up, I just can't wrap my head around how they have the demand for those.
Who knows what will happen with appreciation in Lexington Park. But in my head, I see it just like Springlake. That's just my take on it. And I'm no expert on anything.
This post was edited on 6/11/16 at 6:12 pm
Posted on 6/11/16 at 6:17 pm to lnomm34
quote:
just can't wrap my head around how they have the demand for those.
Because there isn't. People don't want to hear it and I can't speak about to the scale but there is another housing bubble forming.
Posted on 6/11/16 at 6:22 pm to athenslife101
And I think the HOA fees are like 800 + per year. That's crazy for the price range of those houses.
Posted on 6/12/16 at 12:33 am to lnomm34
I see. Thanks for the insight guys.
Posted on 6/12/16 at 12:37 am to athenslife101
Would you happen to know some good neighborhoods that would be good to look into?
Posted on 6/13/16 at 1:53 pm to mnguy51
Any particular area you favor more than other? What are your requirements? 3bed/2bath? Pool? Garage? Square footage?
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