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Summary: City Fees Hindered Affordable Single Family Deal in San Antonio
- A 6.8-acre property near downtown San Antonio highlights the difficulties of infill development in the city.
- The property was under contract to a developer planning to build single-family affordable housing, but city fees caused the deal to fall through.
- Article on TheRealDeal.com.
Must-Know Points: Challenges of Infill Development and Affordable Housing
A 6.8-acre property near downtown San Antonio, located at 1354 Menefee Boulevard, highlights the difficulties of infill development in the city, as reported by TheRealDeal.com. The property was under contract to a developer planning to build single-family affordable housing, but city fees caused the deal to fall through, even though entitlements were in place.
As a Kansas City Realtor, we understand the importance of staying informed about the challenges faced in the real estate industry, particularly when it comes to affordable housing and infill development. Our team of experienced professionals is dedicated to helping clients navigate the complexities of buying or selling properties, providing expert guidance on the current market conditions and potential opportunities.
In conclusion, understanding the challenges of infill development and affordable housing, such as the impact of city fees, is crucial for making informed decisions in the real estate industry. As a professional and dedicated Kansas City Realtor, we’re committed to providing expert guidance and assistance to help our clients achieve their real estate goals. If you’re looking for assistance in buying or selling a property in the Kansas City area, don’t hesitate to reach out to our team for expert guidance and support.
Orginal article: Link To Article – provided by Kansas City Realtors
