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Directed Thread: How do you find the best value?

Posted on November 16, 2009 by The Tim

Well, today’s the last day of my trip to New York City, and since I didn’t quite plan far enough ahead to have a substantive post today, I thought we could try something new.

It’s called a “directed thread,” and it goes like this:

  • I’ll pose a question for discussion.
  • Everyone hashes it out in the comments.
  • Later this week I’ll parse the discussion.
  • The most useful or interesting posts will be mixed into a post of their own sometime next week, hopefully harnessing the collective knowledge of the community for the betterment of the whole.

So, here’s today’s discussion topic: How do you find properties that are the best value in today’s market?

Do you mostly look at specific neighborhoods? Are there certain property characteristics that often signal good value? What tools do you use, etc… Anything and everything related to finding the best value is fair game. Let’s hear it.

As something of a consolation prize for the lack of a more meaty post (and because I just think it’s cool and I want to share it), here’s a picture I shot last night of Times Square from the Empire State Building. See you all tomorrow.

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Next Post:
Poll: What do you consider a good value in terms of $/sqft for a Seattle-area SFH?
Previous Post:
Strategies for Finding the Best Value in Today’s Market

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