Monday, August 23, 2010

Development Momentum and Wisdom

The Preacher in Ecclesiastes pointed out how there is a time and a season for everything. In this part of town it is the time of early development. Since our house is so close to the center of the district, we are drawn into "what's happening now". The feeling or life style here is more about the future and what is to be than it is in the right here, right now. Folks naturally kick at inevitable change because we fear.
Holding this property is more about developing it to make it more valuable in order to sell it to the people who will occupy the house during the coming "hey day". Because, for this house to really enjoy a "hey day", it must receive improvements. Once the improvements are made, this house will no longer suit us. It will be more suited to younger people. A Mother and a Father with their children. There will be schools here again. There will be better security. Higher property values will bring more stable people with more to lose. Property taxes will go up and the people who pay them will have their say in what goes on here. The American dream will go on. They will spend more time walking and biking than riding in cars.
But as I see it, the only way of making these improvements is with the view of making them and then selling the house. The part that takes faith is that the momentum of development will continue. This momentum is directly and immediately measured by the price per square foot. Momentum of development is people working to make profits with faith in the future.
The only way we can afford to make the improvements is with the goal of achieving a higher price per square foot in order to sell at a profit. It is a gamble, a risk. There is a scale: cost of improvements to higher square foot price points. Knowing how much certain improvements cost and how many dollars per square foot those improvements will add is the holy grail.
Here's the thing: I believe that only wisdom can tell what those numbers are. Wisdom only comes by faith. Profit requires faith and profit requires risk. To hit the target in the exact spot at the exact time will require the utmost in study and planning, but also intuition which comes from God's Wisdom. Wisdom tells me to make this house what it should be then rather than what it could be now.

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