Directed Thread: How do you find the best value?

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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About The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.