Wednesday, December 17, 2008

A Useful Resource For Real Estate Investors

Wikipedia, the free online encyclopedia, is useful for checking facts on everything from historical events to rock stars to recipes. It's also a useful tool to research neighbourhoods where you are planning to invest. Pages like Neighbourhoods in Edmonton or Neighbourhoods in Calgary are excellent resources for your due diligence.

For example we bought a single family residence in Crawford Plains. I was able to research the dwelling mix, what types of housing are prevalent in an area, and what schools and shopping centers are nearby. This information is important to know for your tenants and for resale. I was also able to find major roadways and transportation hubs- which may positively or negatively affect resale real estate prices.

1 comment:

Patrick said...

Thanks for the great real estate blog. this is a very interesting topic

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