Both Manhattan new homes and Manhattan 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 Manhattan 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 Manhattan
neighborhood. In short, if you are buying a house in Manhattan with
a view, try to pay as little extra as possible. Otherwise, you might
not get your money back on your investment.
Manhattan homes for sale
(introduction)
Manhattan condos
Manhattan cooperatives
Manhattan resale homes
Manhattan gated communities
Manhattan townhouses
Building a house in Manhattan
Manhattan new homes
Manhattan luxury homes
Manhattan lofts
Manhattan investment property
New York bungalows
Manhattan duplexes
Manhattan triplexes
Manhattan residential real estate
(attached)
Manhattan residential real estate
(detached)