Exploring Real Estate Market Trends

Getting Your Home Purchase Priorities Straight

You might know what you want in a home, but most homes are going to fall short of ticking off every single box. The choices can seem overwhelming unless you can narrow them down and doing so should be at the top of any list. Read on for a guide that might help you identify what you want and, more importantly, what you need.

General Facets of a Home to Consider

1. Are you ready to do some work on the home? You can save money by zeroing in on homes that need work, but you must consider the disruption and annoyance of dealing with a home under renovation.

2. Do you have school-aged children? Unless you are planning on a private school you will need to investigate the schools that serve the neighborhood. Even if you have no school-age kids, the issue of school quality will influence your selling price when the time comes.

3. What type of commute can you handle? You should plot the drive-time to not only your workplaces but to schools, places of worship, groceries stores and more. If you are planning to use public transportation then stops and stations should be located as well.

4. Would you be more comfortable in a more secure neighborhood? Gated neighborhoods can add a sense of security regardless of the crime rate in the area, but make sure that it's not a false sense of security. For example, a gate that never works is no deterrent.

The Home's Exterior

1. Do you have a particular style in mind? While many target their preferred style early on, you might want to keep in mind that the outside of a home does not always reflect the interior design. What might appear to be a Mediterranean on the exterior could be a colonial in the way the rooms are laid out. Look beyond the style of the home and identify the floor plans that work for your family.

2. Do you need a big backyard or do you want to do minimum work outside? Yard work is time-consuming and can be expensive to hire out, but kids and pets can thrive in a spacious yard.

3. How much parking space do you need? Homeowners with teenagers might want to consider a larger garage and driveway situation, as do those who entertain. Some streets are just too narrow to allow parking and many don't realize the problem until it's too late.

The Home's Interior

1. Is a basement a must-have? This is one of those things that cannot be added so it should go at the top of your list. Keep in mind that not all areas of the country have homes with basements.

2. Do you need or want a single floor only? Homes that have more than one level tend to make the most of the lot, which is a big consideration in more expensive areas. If you have or expect to have mobility issues then a ranch style is probably best for you.

This list should be the starting point for your own thoughts, wishes and desires. Once you have your top priorities nailed down, speak to a real estate agent and witness the magic of working with a professional that knows the area, the market and what you need. Check out Fripp Island homes for sale to live in a great community.