Free Home Value Report Search For Homes

Monday, August 8, 2016

A Home Buying Checklist to Keep You From Buying the Wrong Home



Here is a list of things you shouldn’t overlook when in the process of buying a new home:

  1. Bedroom count and general floor plan. You may be tempted by a house because it’s staged nicely, but you have to look beyond the furnishings and see if it has what you really need.
  2. What direction the house faces. Facing West is great if you like to watch the sunset every day, but not so great when your electric bill is skyrocketing because your air conditioning is running non-stop.
  3. The status of the structural walls. If you’re contemplating a future renovation, you want to make sure the walls you want to remove aren’t load-bearing walls. In this instance it would be a good idea to bring a structural engineer along with you to take a look at it.
  4. Is there enough pantry space? Though this can be easily remedied with a quick renovation, it can often be a deal-breaker for many people.

    The better the school system, the better the value of your home.

  5. What shape is the floor in? Replacing floors can be an expensive undertaking.
  6. Is there an HOA? This is important to know if you’re looking to paint the home purple or display your collection of flamingoes on the front lawn.
  7. Schools in the area. Even in you don’t have kids and don’t plan to, a good school district is important to a home’s value. In fact, a lot of home values are primarily driven by the school system in closest proximity. The better the school system, the better the value of your home.
  8. Acoustics. If there is an echo coming from the upstairs bonus room, think of how bad it will be once you have two kids playing in it.

Remember, even though these things don’t seem relevant, they are just as important in conducting a successful new home search. If you have any questions or topics we haven’t dealt with, don’t hesitate to give me a call or shoot me an email.