Most people remember the investment that got away from them. Perhaps it was the financial decision that you turned down, only to see that investment flourish into a huge money-making opportunity.
Hindsight is painful if you are a financial or real estate investor. However, thorough research can help you avoid making too many investment mistakes, such as tracking down the most popular locations for real estate investing.
Here are the ones to watch in Springfield, MO.
Grant Beach
Many community-led initiatives have made Grant Beach a Springfield area to watch. For example, there is a grant program for homeowners to renovate their property's exteriors.
This program has helped revamp the look of the streets. Plus, it has brought neighbors together in this close-knit community. All of that makes it a promising location when investing in neighborhoods.
Doling Park
Doling Park is known as a neighborhood with a strong sense of community. Like Grant Beach, Doling Park has benefitted from local initiatives to accelerate improvements in the area.
Those residential developers have improved living conditions and neighborhood aesthetics. It makes the location a more popular place to buy. And it's one of the most appealing real estate investment locations.
Heart of the Westside
Another area of Springfield to watch is Heart of the Westside. This is another part of the Springfield community that is getting development funds to help improve the area.
Housing in this neighborhood is still affordable at the moment. And there is plenty of scope for investing in a property and seeing a healthy return on your money.
Woodland Heights
Woodlands Heights offers plenty to homeowners and investors. Its unique character and historic charm make it appealing to residents.
Investment is being made to preserve historic areas while modernizing parts of the neighborhood that need an upgrade. All this is excellent news for property prices and potential real estate investors.
Meador Park
Meador Park is another area showing promise. It has seen an increasing demand for properties. Plus, it's a promising area for both sales and rentals, giving you flexibility as a property investor about how you get a return on your money.
The area boasts an excellent location and popular community features, so it's likely to remain popular compared to other Springfield neighborhoods.
Phelps Grove
Phelps Grove is another neighborhood that benefits from historic buildings and pretty streets.
It has a strong and vibrant community. This neighborhood is a popular choice for real estate investors because it's popular with families, offering a beautiful child-friendly park and safe streets.
That's a sign of a neighborhood that will continue to be in demand in future years, making it a solid investment choice.
Real Estate Investing: Neighborhoods to Watch
Skilled real estate investing is all about snapping up a promising opportunity. That's what these neighborhoods offer.
Our client-first culture at Hunter Property Management is why real estate owners in Springfield contact us for support. Discover more about how we can help you with building wealth through real estate by viewing our services.
