Smart Moves: Location sets market value, not upgrades - Press of Atlantic City: Southern New Jersey Real Estate - PressofAtlanticCity.com

Smart Moves: Location sets market value, not upgrades

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Posted: Thursday, September 20, 2012 7:01 pm

Five years ago, when a business executive in his 50s was hired as the CEO of a suburban hospital, his salary soared. To keep his commute short, he opted to live near his work, in a neighborhood of modestly priced homes. There, he and his wife found a vacant lot where they built the most opulent house for miles around.

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