Would this home be a good investiment for the next 10 years?

Profile picture for ABYLUVER
Will this area and home appreciate in the next 10 years? I am being told that it is in a
very desirable area.
Thank you
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September 04 2009 - Canby
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Answers (3)

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Profile picture for Since 1950
Canby, Oregon has a reputation for quality schools and high livability, within a reasonable commute to some of Oregon's largest towns and employers.

Predicting the results of any investment over a ten year period is difficult, but if the adage 'Buy low, sell high' applies to anything right now, many could argue that purchasing property in desirable communities like Canby offers unprecedented opportunity for the future. For more information about Canby homes, visit www.CanbyHomes.com
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September 04 2009
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Sunnyview is on target, IMHO.
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September 04 2009
Profile picture for sunnyview
The area/house that you are asking about is not showing up in your question. If you are referring to investing in Canby, OR, I would say that you need to consider the job base there, business growth in the area and the value of areas nearby with greater access to public transportation/jobs like Portland. Personally, I do not see strong growth in the Oregon market in the next 10 years due to fewer out of state relocations and a less than attractive near term climate for business development in the state. Houses that are purchased with a PITI greater than rent are not a good value in OR in my opinion right now.
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September 04 2009
 

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Profile picture for William Metzker
QuestionWould this home be a good investiment for the next 10 years?
  • Latest answer by William Metzker
  • September 04 2009
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