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Build new or renovate? Thinking about innovating from the ground up? If the foundation is solid, maybe all your brand needs is the proverbial fresh coat of paint.

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My first house was in what you would call a "fringe neighborhood". It was one of those up-and-coming urban settings born from a saturated housing market in the neighboring, highly sought-after communities. My neighborhood was defined by its juxtaposition--a checkerboard of new construction homes amid dilapidation and young, urban, well-off transplants mingling among lifelong residents of modest means.

I considered myself an early adopter in this neighborhood. No, not relative to Mrs. Adams, a third generation resident of my street, but relative to these young, professional immigrants. A benefit of getting in early was that I was able to witness ...

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