This is from a listing that I saw from a turnkey provider that described the property as a B neighborhood.
I took a few screenshots from google street view. I'm curious if this would be considered a B neighborhood based on these pictures. From some angles it feels like a B to me but from others it feels like definitely less. But I don't know the market very well which is why I'm asking.
I know that "B neighborhood", "C neighborhood" are terms that get tossed around a lot and there isn't exactly an objective definition for them, but just hoping to get some feedback.
To contrast, here are some photos from a completely different neighborhood in Texas that I happened to be looking. This definitely feels more like a B (or an A?) to me just from a gut feeling:
@Kalen Jordan, one difference between the two are the curbs and walks. C neighborhood at best, based on what I see in KC. If you go the turnkey route, ask around for recommendations.
@Kalen Jordan first one to me looks like a C neighborhood.
Easiest way to tell is take the street the property is on, and look at the addresses on the task assessor website. If they’re all rentals, then it’s a C class or worse neighborhood.
Why do you want to do TK so badly? You can invest in many other things for a lot less headache.
@Kalen Jordan, one difference between the two are the curbs and walks. C neighborhood at best, based on what I see in KC. If you go the turnkey route, ask around for recommendations.
@Kalen Jordan I agree looks very much like a C from what I've seen in KC. Doesn't mean it's a bad deal however. Don't compare it to Dallas however. Property taxes are much higher there, which means more funds to pay for city infrastructure.
@kalen Jordan I know the Kansas City market well and I can say that that doesn't look like any B class neighborhood we do anything in. The last picture doesn't even look like the same area. If you want to DM me the address, I'll be happy to take a look and tell you what I think.
@Caleb Brown - got it thanks, that’s helpful. I also did some searches for pawn shops and cash checking based on an article by brandon turner on grading neighborhoods. Pretty sure it’s a C.
Well I had been leaning towards TK pretty heavily because I’m new and wanted to minimize the risks I would face. That said I’m spending probably more than the average TK buyer doing research, so either I will go all the way and put together a deal myself or I’ll get fed up with it and give up, as I’ve done several times over the past decade. :/
@Rich Kniss - got it thanks. Yes I’ve been looking at tons of reviews on turnkeys and asking around a lot. This particular property was for one of the turnkeys who had the most positive reviews and pretty much zero negative reviews (also a BP podcast sponsor)
@Jonathan Oh - got it yeah wasn’t really drawing a comparison other than just neighborhood grade based on another set of pictures I had handy.
@Mike D'Arrigo - thanks. Yeah it’s funny from some angles the neighborhood looks pretty decent (like the last photo) but from other angles not so much.