Quote Originally Posted by detlump View Post
One thing that is nice about older homes like this - they are still modern enough, and can be improved if you want. Plus, the landscaping is mature - real trees and shade. I love these new subs in former fields where they plant sticks and expect you to wait 20 years for shade.
Moreso than the home itself, the primary consideration in real estate is location.

Given the target market for this type of home [[youngish family with kids and some decent earnings), this home won't get a high offer because it's basically in the least desirable part of a school district that, while still good, is perceived to be in decline.

And, outside of schools, my sense is that younger families either prefer the newer construction [[Novi, Rochester Hills, Northville Twp.) or the classic older communities [[Birmingham, Rochester, Huntington Woods).

They sure as heck don't want 1950's homes in a declining school district.