Business
Main Menu

Things To Consider If You’re Ever Going To Sell A Home [213]

 

Purchasing a home is a large investment no matter what age you are. On average people own, list and sell many houses throughout their lives and the last 50 years has seen a dramatic upswing of people moving regularly. Society has changed dramatically in the last 50 years, people work shorter periods at jobs and with the majority of women now working as well this has been one contribution to the moving craze. Due to the frequent buying and reselling of property it’s important for us to consider the resell value of a house before we purchase.

If you’re in the real estate market consider what it is your looking for and how long you'll be there. Your intentions for this new purchase and time frame of ownership can affect the value when it comes time to sell. If you’re planning on staying a while and this area of the city is known as a 'hot' market now when you buy, the current value may be more than what it will be say 10 or 15 years from now if that area of the city is no longer a desired living area.

Regardless of your purchasing intentions, there are many factors to consider that will affect the reselling potential of your home.

1. Location. The location of your new investment does make a difference and like I stated above different areas of the city can be valued differently.
Here are a few items that will make certain areas of the city more desirable:

A. mature trees

B. wide sidewalks

C. proximity to schools

D. shopping and public transit

These simple location items will help boost the resell value quite a bit more than a house located in areas not offering similiar benefits. Population, and up or downward growth trends will also help you too determine desired areas to plunk down your hard earned coin.

2. Demographics. A large portion of society is heading into retirement to live out their golden years so take note that single level houses with wide hallways and rooms large enough to accommodate wheelchairs may become more popular in certain areas, while suburbs filled with young families may put more of an emphasis on large yards and ample public green space and playground facilities. Spend some time finding out about the population before you invest there.

3. Learn the market. By staying current on what the market is desiring you'll know what to look for. Things to keep your eye on are amount of rooms in the house, energy efficient windows, number of bathrooms and their locations within the home, fireplaces, kitchen and related accesories. You might find some trends in the market and by knowing what people are looking for will help you to make the right purchasing decision in the start, which is way easier than trying to renovate down the road.

4. House Life Span. Determining the value of a home according to how old it is will be something you'll need to consult a residential building inspector about. They should be able to give you what's called an inspection report that will help you determine the value of things like the roof, driveway and heating or cooling systems. These items will have to be replaced and repaired at some point so consider that the older these items are the less value you'll have when it comes to reselling. Of course this is just as important to consider if you’re in the purchasing mode because you'll need the funds to fix up these items one you take ownership and they become critical.

So whether you’re buying a house for personal usage or investment put some thought and research into your investment. It can turn out to be a quicker and easier sale in the end and even turn a handsome profit many years in the future once you’re ready to sell. A wise investment is one that considers your current needs while looking forward to future resell value. Quite often this will help you to continually upgrade and move you into bigger and more expensive homes each time you move or invest.

 

This Article was written by Dwayne Soroka. Visit our site at ( http://realtorsrealm ) and ( http://realtorsrealm/real-estate ) for more details.

Recommended Companies

  • Mobile Junction
    Mobile Junction
  • MyDigiMenu
    MyDigiMenu
  • CITYMYWAY
    CITYMYWAY
  • Frisør Oslo - VOLO Hair
    Frisør Oslo - VOLO Hair
  • Master Build Team
    Master Build Team
  • Concora
    Concora

Trending Articles

Locksmith Near Me

Locksmith Near Me

5.0
211

Finding a locksmith near me could be very easy. However the nearest 1 could become a few blocks away but the key here is that you can generally go to them after you would really need to avail of their

Qualities you must seek in the Roofing Professionals you hire

Qualities you must seek in the Roofing Professionals you hire

5.0
211

Knowing that you have to re-roof or go for extensive repairs ensures that you have to engage a skilled team of professionals to handle the job for you. When you hire a team, they must not only posse

The 54th digital edition of EYES IN Magazine features the World's Most Innovative Creators

The 54th digital edition of EYES IN Magazine features the World's Most Innovative Creators

5.0
211

1888 PressRelease - The 54th digital edition of EYES IN™ Magazine explores the innovation from leaders in the fields of architecture, photography, books, art and design, including artist Bentley

Why Family Mediation Is Considered As The Better Response To Family Strife?

Why Family Mediation Is Considered As The Better Response To Family Strife?

5.0
211

Did You Know? - There are 100 Divorces Every Hour in the U.S - The World’s Most Expensive Divorce Was Estimated at US$2.5 Billion - In America, the divorce rate for a first marriage is aro

Buy Arsenal Football Match Tickets At first-class Online Price

Buy Arsenal Football Match Tickets At first-class Online Price

5.0
211

If one goes with the aid of the statistical statistics of previous years’ choicest league in addition to champions league suits, an excellent 45 according to cent fans are all ardent supporters

Advertisement

Trending ads

Franchise in Pet Industry | Pet Franchising | Become A Franchise

Franchise in Pet Industry | Pet Franchising | Become A Franchise

5.0
76

Best opportunity to become a franchise at FlipFlop® Dogs. Join hands with FlipFlop® Dogs for pet franchising. We bring the best opportunity to franchise in the pet industry. Run your own pet busines

Free Share Tips For 2 Days

Free Share Tips For 2 Days

5.0
76

 2 Days free Tips on Indian stock and commodity markets Easily Earn Rs.3000/+ Within 5 Days  Sure Shot Call by Real Time SMS.  We Will Provide Maximum 2-3 Calls.  Subscription Fee: Rs.2500/P.

an international call centre opening Nadiad  WTB73.

an international call centre opening Nadiad WTB73.

5.0
76

 an international call centre opening in Nadiad good and hard working staff needed. language: English would be prefer only. { WTB73}.

 Consulting By HM Infosys For BPO   WTB42

Consulting By HM Infosys For BPO WTB42

5.0
76

 Earn up to Rs.1,00,000/- per month. Contact: 7802846799  and through by just convincing the customer for completing the survey and just getting yes for call-back. HM Infosys WTB42

Get The Best Solution For Obesity From Doctors Weight Loss

Get The Best Solution For Obesity From Doctors Weight Loss

5.0
76

There are plenty of reasons why there is obesity problem is rising throughout the globe.  Though, there are many reasons for the obesity, it has been found that the major culprit for the problem is c

Trending Companies

Advertisement

copyrights © 2006-20 find4sites.com.   All rights reserved.