|Home | Assistant | Listing | Career | About Us|
5 Tips to Find a Home 6 Best Places To Find Auto Insurance Specialists Erie Insurance Agent Buying Your First Home Find 78628 Homes For Sale Find A Home Loan Find A Real Estate Agent In The Los Angeles Find Celebrity Agents Celebrity Booking Find The Right Health Insurance Find a Home Based Find a Home Based Business For Sale Find a Home Based Business That Finding A Home Improvement Finding A Real Estate Agent Finding An Agent And Getting Your Finding Estate Agents Abroad To Buy A Property Finding Estate Agents in Winchester Finding Foreclosed Homes Finding Letting agents in Glasgow Real Finding The Right Real Estate Agency Finding Travel Agents is Easy Now Finding Tucson Homes for Sale Finding a Home With Resale Finding an Agent For Your Finding an Agent That Get A Home Loan With Getting Published Finding an Agent Guide To Finding An Agent To Buy Property Home Learning Courses Education Homeschooling Home Loan How to Find How Can You Find The Right How To Find A Home Equity How To Find A Home How To Find A Home How To Find A Real How To Find Insurance Agents Who Are Looking How To Find Owner Financed Homes How To Go About An Austin How to Find Affordable Home How to Find a Home How to Find a Home Important Considerations When Hiring A Real Literary Agents Tips on Finding an Agent Managing The Anxieties Of Finding Modeling Tips Finding an Agent Real Estate Signs Hiring The Right Relocating in Arizona Finding a Home Renting Property and How to Find Select A Professional To Find Talent Agent How to Find The best places to find estate Tips on How to Find Using The Internet To Find We Have The Tools What To Look For In An Orange Where to Find Foreclosure Homes
Finding a Home With Resale Value - Real EstateFinding a Home With Resale Value by Lee Keadle
in Real Estate (submitted 2007-05-01)
If you are looking to buy a new home, try to find a home that will have a good resale value down the road. This concept applies to first time home buyers who are just looking for a "first home" as well as home buyers who plan on living in the home for the rest of their lives. It is important for both types of home buyers to have an exit strategy so that if you for some reason needed to sell your home in the future, you would be able to. This exit strategy is even more relevant with the cooling housing market we are experiencing. There are seven basic areas to consider for resale.
1) Bedrooms and Baths: Most people who are looking for homes want at least 3 bedrooms and 2 bathrooms. If you find a 3 bedroom and 1 bath house that you love, do not completely rule it out simply because it lacks the second bath. You can always add it on to the house later, but it will probably cost more to add it than it would have cost to just buy a house with 2 bathrooms to begin with. So, just get accurate estimates from contractors so that you can compare house prices. Also, buying a house with more than 3 beds and 2 baths is a good idea, but do not feel the need to buy that extra room simply for resale if you do not need the extra space.
2) Kitchens: Look for spacious kitchens that are open (and preferably with a window). If a kitchen seems outdated (older appliances, bad color schemes, etc.), then it may be a good idea to make a list of repairs along with price estimates when you compare homes to buy. Buyers want functional kitchens with nice appliances.
3) Garages: In Charleston, SC, it is harder to find homes with garages compared to some other parts of the country. However, we have so many clients who make this option a required part of their home search criteria. The more searches you can make your home fall under, the more likely your house will sell. So, try to get a house with a garage (even if it is just a one car garage).
4) Lot sizes: Many clients make minimum lot size requirements the way they make garages a requirement in their home search. Depending on the area, large yards can be hard to come by. But, people always want that extra room and privacy. So, look for homes with at least.2 acres.
5) Fireplaces: Having a fireplace is not as important as having a garage, but it is definitely a desirable feature and can actually be a selling point for a house. Wood burning versus gas logs is always a mixed debate, so just look for a fireplace in general.
6) Square Footage: Many of our clients make minimum square footage requirements in their home searches. Look for homes with at least 2,000 square feet. Rooms over the garage (sometimes called a ROG) are also great if they are finished (then they are called a FROG).
7) Swimming Pools: So many neighborhoods either have community swimming pools or are close to public pools. If you really want a home with a private pool, look for homes that already have them built. Paying a contractor to build a new pool will never give you a full return on your investment - instead you will lose money. It would be better to use the extra money towards buying a nicer or larger house when it comes to resale value.
Equal Housing Opportunity. Equal Opportunity Employeer.