Listing Details: Louisville, St. Matthews and Middletown, Kentucky Real Estate Listings & Homes For Sale Provided by Jay Pitts

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Sold - Remodeled 3 Bedroom - Germantown

$69,900

Photo of 1060 E St Catherine St, Louisville, KY, 40204.

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Address: 1060 E St Catherine St	City/ST: Louisville, KY	Zip Code: 40204
Location: Germantown	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 1100	Bedrooms: 3	Bathrooms: 1
MLS# 1251592

Beautifully remodeled 3 bedroom home in a lovely Germantown neighborhood. New carpet, windows, ceramic tile, fixtures, appliances, and privacy fence along with many other updates.

Last Updated: 8/13/2010 11:55:12 AM

Listing Agent and Office: Jay Pitts, RE/MAX Executive Group

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Investment Real Estate >Location And Value

One of the most important factors that affect the value of property is obviously location. Wise investment philosophy suggests that you invest in a sound property in a more modest area that will increase in value in the future. Buying into an area that is being gentrified, or that is otherwise coming back, is one way to do this.
Timing is everything, however! Most investors don't want to risk too much by being a pioneer, but want to get involved early enough so that there is still considerable room for appreciation in value. Being a pioneer is fine if you are a risk-taker with a lot of patience and cash is not the primary issue. Otherwise, it is safer to buy into an area after the restoration trend is unmistakably established.

Neighborhoods that are ripe for restoration have some common characteristics. They are next to a prestigious area or in a good walk-to-work location and have houses that are basically in good condition or "fixer-uppers" with realistic price tags.

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Q	Who received the largest land grant ever given to an English subject for only two beaver skins per year?
A	William Penn, the Quaker leader, received Pennsylvania and Delaware to settle a debt owed his father by King Charles II.
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Jay Pitts, REALTOR�, real estate agent and broker for Louisville, St. Matthews and Middletown, Kentucky home listings, property and land for sale - NUMBER1EXPERT

Jay Pitts
RE/MAX Executive Group
101 N 7th St
Louisville, KY 40202
Office: 502-561-3481
Cell: 502-572-0186
Fax: 866-741-0673
JayPitts@NUMBER1EXPERT.com
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