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Buyer Tips [ 1 2 ] | What does it really mean? Location is extremely important to the resale value of your home. The idea is to buy a house that will appeal to the largest number of potential future homebuyers. A careful choice of location can influence the future sale of your home, both positively and negatively. While I can’t guarantee that your home will grow in value, there are steps we can take maximizing your potential gain. In order to do this we need to take a few things into consideration when buying a home. -- Homes with a beautiful view, privacy and extra amenities often sell at a premium above similar homes without these benefits. However, if these benefits are important to you, buy the home for those reasons, not for investment. Though you may place a considerable dollar value on these benefits others may not when you sell. If you are buying a house with extra amenities, try to pay as little extra as possible and don’t let the benefits of the home out way your future potential gain. -- In every neighborhood, houses will vary in size. If resale value is an important consideration, you should not buy the largest home in the neighborhood. If most of the nearby houses are smaller than yours, they can act as a drag on appreciation. The opposite can be true if you purchase a smaller or medium sized home, the larger homes can help pull up your value. |
Angelika Jones (208) 726-3317 office
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How many times have you heard "Location,
Location, Location?"