This nice Elmwood Park bungalow is located on a major arterial street, it faces commercial property and is flanked on both sides by apartment buildings.
Now this may be a great location for an apartment building, however, the proximity to all this external obsolescence makes it a bad location for a single family home.
The value of a single family home is maximized when it is surrounded by other similar residences.
Saturday, January 30, 2010
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