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Missouri Real Estate
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Nicknamed the “Show Me” state, Missouri is an interesting mix of big cities and rural lands. Missouri real estate prices do not require you to “show” a lot of money.
Missouri
The quintessential midwestern state, Missouri offers interesting contrasts. On one hand, you have large cities such as St. Louis and Kansas City. On the other, rural farmlands and towns dominate the rest of the landscape. Economically, the state is dominated by agriculture and railroad industries although typical large businesses can be found in the cities including Budweiser in St. Louis.
The origin of the “show me” nickname is unknown. The state, however, was named after the Missouri Indians who lived along the banks of the Missouri River. A heartland state, Missouri is an inexpensive place to raise a family in relative comfort.
St. Louis
St. Louis is a city with an odd mix of influences. Established by the French, the city has a faint air of European influence, but a much larger heartland feel. The city really had hard times in the 1970s, but serious redevelopment efforts have led to a major revival. Known for the famous Arch, the downtown and river front areas have seen major revivals with old dilapidated warehouses renovated into restaurants and hip stores. The city is also known for a very strong music scene and large parks for recreation. For professional sports, St. Louis is all about baseball, football and hockey.
Branson
Branson is a little town in the Ozarks that has been called the family Las Vegas. The town is littered with shows and activities tailored to families. While it isn’t a place you would want to live because of the traffic, it is a good place to visit if you live in the state.
Springfield
Seemingly the healthcare center of the United States, Springfield is a nice place to raise a family. Situated next to Burrell Park Lake, the town has seen major redevelopment. You’ll find modern warehouse lofts, outdoor cafes and trendy little shops in brick building lined streets. The park and trail system in Springfield is one of the best in the country.Did you know that at one time there were more millionaires made from real estate than any other occupation in America? It's true. In fact, it still might be true. Think about it. Everyone in the US needs a place to live and that includes both you and me. Just because we aren't actively in the business of buying and selling properties, that doesn't mean we aren't able to active consumers. Let's take a look at a few insiders tips about Missouri real estate (or any real estate for that matter).
1)Buy a decent to slightly run down house in a neighborhood that is up and coming. This means that you should look around the neighborhood. Is it nice or is it run down in general? What are the neighbors like? Are the houses nice or are they shabby and not taken care of? Answer these correctly, and you could be on your way to a good sized pay day if and when you sell your house. We aren't yet at the point of recommending investing in a junk neighborhood but if it looks like it might gentrify in the near future, who knows. The neighborhood is the key.
2)Look for quality amenities. Here's where it might get a little tricky. Did you know that some amenities might be better off if they are a few years old. This is especially true of kitchen appliances. What was solid state craftsmanship just 5 years ago might be complete junk bought brand new today because of the inferior quality of today's goods made in some Far East sweatshop. We've looked long and hard at the new goods coming out and they aren't up to snuff.
3)Buy outside an expanding city and catch the wave. If KC looks like it's gonna grow again, you might do well investing in real estate located just outside of a major city and catching some of the expansion that is going to go right through your suburb. People need places to live, so suburban living might just pay off for you.
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