Found a super-duper purchase price on a nice-looking property that backs up to a busy road? Even after you work some flipper magic,it may be like climbing Mt. Everest to persuade a home buyer to take it, no matter how gorgeous it is or how much you discount the listing price. The vast majority of home buyers just don’t want properties backing up to busy roads or located on busy corners, regardless of the positives.

Such properties will almost always face a significant price hitto entice a buyer to make an offer.Not only are most buyers reluctant to live there, they know it will affect their own ability to sell it in a few years when they want to move on.

• A high-demand, low-supply market is least affected by such a problem location. If the market is screaming hot and buyers are fighting to get into the neighborhood, perhaps it will affect only $10k off the purchase price. This is the only type of market that would ever get me to entertain a busy-road property.

• If a market is slow and low-demand generally, a busy-road property could end up being financially devastating. Getting a buyer into such a property would require a discount so steep, and perhaps an extended period of carrying costs, not to mention a pristine and stunning interior and exterior to make up for the bad spot it is in – adding it all up, the loss could be frightening. You may have a hard time even renting it! It doesn’t matter how desperate the original seller is to unload it onto you, I would take a pass on this level of risk in a slow market.

Selling a busy-road property can be a nightmare in which nothing you do is enough to get an offer. Many buyers (and agents) are reluctant to even look. When you manage to get them in, the property must be working very hard to appear to be more thanworth the inconvenience of the location.

• It must be far more gorgeous and appealing than everything else, from eye-grabbing curb appeal to stunning interiors.

• The asking price will have to be well below what’s expected for a comparable in a better location.A buyer may have to think they can’t afford not to live there.

• You may need to market heavily in the property’s lower price-range, and hope someone realizes they are stepping up to a better neighborhood with a property they can afford.

There is a reason you will find discounted prices on busy-road propertiesin a neighborhood you like for your next flip project. Beware that in many markets a busy-road flip project could be a very expensive mistake that no amount of imagination and creativity can overcome!

What would it take to convince you to live in a house backing up to a busy road?

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