Hi Duane,
If you want to SEE this concept, spend a few minutes and
Go to google maps. Type in Boston Heights, OH 44236
Use the HYBRID map. Find Rt 8 and Interstate 80. OK you are there.
You'll see a golf course on the corner of E. Hines Hill Rd and Rt. 8. That course CLOSED this year.
What is happening here is that from 303 to the South on Rt. 8 to Rt. 82 is being transformed into a 4 lane highway. Rt. 8 "Expressway" ends at 303.
So this whole 10 mile strip is being turned into an expressway. This whole area is getting NEW water, gas lines, electric...in other words, NEW infrastructure. And the surrounding communities are UPDATING theirs.
OK. If you look to the West of Rt. 8, between Boston and Alexanders...you'll find properties that have doubled and tripled in price in the last 18 months. AND, there are some small apt. complexes that will be filled UP in the coming months as the business section booms.
Rt. 82 and Rt. 8 in Macedonia has become one of those Retail Centers that draws people in. With the NEW expressway coming "online" in the next couple of years, we can confidently say that the RE market in that area is still BOOMING...while surrounding areas are still glutted with homes for sale.
IF you know of an EXPRESSWAY project taking place, say North or West of Toronto for example...there might be some INFRASTRUCTURE work going on.
For FUN, find Matthews Thomas Park on OLDE Rt. 8 and zoom in on the homes to the west on Ledgeview Drive and Rockwood Cir and you'll see some of MY favorite homes in the area. Any thing in that area has appreciated at perhaps twice to three times as much as surrounding RE.
That's the power of INFRASTRUCTURE. New highways to prosperity.
Gordon Jay Alexander
PS. And most of the people who live on Ledgeview do NOT Fly Low and Collect the Dough.
http://www.flylowcollectdough.com