Top Things To Consider When You Are On The Hunt For A New Single Family Home
If you are now ready to purchase real estate and are looking at single-family homes, you will want to make sure that you are carefully considering all of the options that you come across. By considering the following things that you really need to consider, you will have a better chance of getting a home that you will not regret buying after living there for a short time.
How Close Are The Neighbors?
You might not mind having neighbors that are close by, but you might want to make sure that they are not too close. If there is barely a big enough space to walk between the homes, then you have to be concerned about fires. If the neighbor's home catches fire, it is likely that the flames will reach your home and set it on fire as well. Also, when you have neighbors that are close by, it can be hard to get proper privacy.
Is There Room To Build On?
If you think that there is even a possibility of you wanting to add an addition to your home in the future, you need to take that into consideration now. Not all homes are positioned just right on their parcel of land, or even have much yard space to begin with. You do not want to purchase a home that can't be expanded. If you believe that you have found a house that would be great for you, ask your real estate agent if they are able to find out anything about it, as far as whether the town or city would ever permit you to build onto it.
What Is The Current Property Value Trend?
You want to purchase a single-family home in an area that has been steadily showing increases in property value, even if the increase is slow. As long as there is not an apparent downward slope in the value of the homes in the area, you can count on it being a safe investment. This is important because you do not want to find yourself owing a lot more for that home than it could be worth in a few years, as this could negatively impact your ability to sell it should you ever want to.
Take a little time to speak with your real estate agent and ask them to give any advice that they could have for a home buyer like you.
