I am considering moving back to OK (NW OKC or older parts of Edmond) and would like thought on the housing market in OKC, especially as to buying an older home to remodel vs. buying a newer home.
Coming from San Diego, the tax code and high appreciate rates make remodeling very attractive. My neighborhood was built in the early to mid 1990s, and I would say the majority of baths and kitchens have already been refreshed. It helps maintain the value of the 'hood since families tend to stay instead of moving to a larger or newer house.
How about OKC? Do older neighborhoods maintain and hold value or do most families move to the newer house when theirs begin to age?
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