Home buyers have different preferences in terms of the look and features of their dream home. However, it’s almost impossible to get everything you want in one house if you have a tight budget. There are compromises you have to make and deal breakers you need to be firm about.
When evaluating a house, there are aspects that are too significant to ignore. Before making a purchasing decision, make sure you take a look at them to determine whether they fit your needs.
Size matters in terms of a home’s value. Over the past decades, the sizes of houses have increased from an average of 980 square feet to 2,000 square feet. When looking at the size of the house, you should consider nearby homes as they can affect your property’s value. For instance, smaller houses can drag down the house’s price appreciation. This means you shouldn’t purchase the largest house in the area if resale value is important to you. It’s better to stick to a small or medium-sized house since larger homes nearby can raise its value.
The kitchen is one of the most essential parts of a house. Aside from being the place for cooking, the kitchen also provides a spot for families and friends to gather and bond. It’s a busy area where social activities happen. Given this, it’s important to check the kitchen’s condition and placement before making a purchase.
Basically, larger kitchens with modern appliances increase a home’s value. Its access to the dining room and the backyard, where families can hold barbecue parties, are also major factors to consider when deciding to buy.
Bedrooms and Bathrooms
The number of bedrooms and bathrooms is another aspect to consider. Many buyers look for three and four-bedroom houses, so if you’re planning to resell your home eventually, sticking to that number is advisable.
A good house should also have at least two bathrooms. One for the master bedroom and the other for guests and people in other bedrooms.
A house should have enough storage space for clothes, linens, and towels. A walk-in closet is an asset, as well as linen closets located near bathrooms. Another important storage space is a garage. A two-car garage is desirable, especially if it’s close to the kitchen so you won’t have a difficult time hauling in groceries from the car.
Lot and Landscape
What is the shape of the lot you’re buying? Does it have enough front and backyard space? You may want to ask these questions first before deciding to buy. The lot is an important aspect people look into when buying a house. Thus it is best to avoid oddly-shaped and situated lots, as well as those that don’t have decent backyard or frontyard space.
While a grand landscape is attractive, it can also increase the price of a house. It’s wiser to choose a house with moderate landscaping as you can always improve it later on. You may not be able to recoup the higher price of an overly landscaped property when you resell it.
These are only some of the basic features of a house any homebuyer should seriously consider. The key here is to list down your needs and wants and then find a house that fits them. Next, you should consider the property’s resale value. All these may sound rather complicated, especially for first-time buyers. However, there are Gloucester, MA exclusive real estate buyer’s agents who can guide you through the entire process. With their able assistance, you can avoid wasting your money on property that won’t fit your purpose.
Give us a call at Buyer’s Choice Realty today for a no-obligation consultation about Gloucester MA real estate as well as to learn more about our exclusive buyer agent services. Our Office: 978-468-2138.