Watch on your mobile device >>
It’s no secret that these days the real estate market is definitely controlled by buyers. So when we see demanding buyers, we’re not surprised in the least. But when you go to find that perfect home, are you sure you know what to be looking for? The key for anyone buying a home is to understand and know exactly what the needs and priorities are. What are the very things that will render the home more valuable than others? Here are some things to think about – so that when the time comes to sign on the dotted line making you a happy homeowner you are just that – HAPPY with the home!
Location, Location, Location
One of the most common reasons families move to a different home is to get to a better location. Whether this means moving somewhere closer to work, wanting to be in a stronger neighborhood, being closer to the city or the suburbs – all are reasons to consider location as a major part of a buying decision. Many buyers want to accommodate a certain school district or are attracted to the lifestyle of some neighborhoods.
Be sure to thoroughly investigate all facets of the home and surrounding areas to decide whether your home is located in the perfect place for you and your family’s needs.
Living Large
For many buyers, moving up and into a bigger better home is key to deciding on a home. Is the actual floor plan important to you? Do you regard having a large kitchen with ample counter space as an important deciding factor in choosing a home? Are the number of bedrooms and bathrooms vital to your decision or must there be a “man cave” in order for the house to make your final cut?
When you have identified the list of must-haves for your new home, it will be much easier to decide or even shortlist your choices. List important factors and rank them in order of priority to make it easier while shopping for the perfect place.
Community Considerations
A lot of first-time buyers or those looking to upgrade to a bigger home are doing so to accommodate their growing families. Aside from space, another major consideration is the community within which the home is located. Are there other like-minded families in the vicinity? What school district will the children be attending? Are there community amenities such as a pool, neighborhood association, parks and walking trails or nature reserves? Is the neighborhood conducive to raising a family or more suited to professionals?
Research the area you are considering and imagine living there. If there are community amenities, are they up to par with your expectations? How important on the list of priorities is living in a solid community? Would you be willing to sacrifice other desires to gain in this aspect?
Looking Ahead to the Future
There is nothing more reassuring than investing in a home, knowing that someday when the time comes it can be sold for a sizable return on your investment. Recent economic hard times coupled with a real estate market that has struggled at times to rival past property booms, makes it even more vital to be sure your investment is solid.
If one of the most important goals of your purchase is to be able to earn back on your investment, be sure to study area comparables, trends and housing values – with the help of a Realtor.
~
There are myriad choices in the housing market – and with inventory levels on existing homes coupled with the host of options available from custom builders, there are so many different sizes, colors and shapes to choose from. As you embark on what will undoubtedly be one of the most exciting journeys and one of the biggest purchases of your life, be sure to stop and ask yourself the all-important question: Can we live with it? Just like finding the perfect partner, you will indeed find the perfect home with all the right qualities.
0 comments:
Post a Comment