Home Should You Buy the Best Home in the Neighborhood?
September 16, 2016
You’ve found a home that you love. It’s exactly what you’re looking for, and it’s even in a decent location, but it’s by far the best home in the neighborhood. Should you buy it?
The number one question you want to ask yourself before buying a home is, “How’s the resale value?” Although you’re looking for a place to live, you also want to think of buying a home as an investment.
If the other homes in the neighborhood are far below the value of the home you’re looking at, it may actually lose its value over the years. Your goal is to find a home that will appreciate in value. Ask yourself (and your Realtor) if there’s anything else you could do to increase the value of the home, or if it has reached it’s peak? If there’s no other way to increase the value of the home, it may not be worth it.
Check out these Arcadia homes for sale – one of the most highly sought after communities in the Phoenix metro area!
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How’s the neighborhood? Is the neighborhood value likely to appreciate? Is it located in a good community with good schools? Are homes well taken care of? You want to take into account all these factors. Even if the home you’re looking at is the best home on the market, if there are other possibilities for it to increase in value, thanks to its surroundings, you may be in luck.
Remember, this is an investment. You want to find a home that fits the needs of you and your family, but you also want to find a home that’s worth your money. Don’t rush into this decision. Just because it’s the best home in the neighborhood, doesn’t mean it’s the best option for you!
But remember, you don’t have to know how to answer all these questions by yourself. After being in the real estate business for years, we know how to help you answer these questions! We’ll help you know if it’s a good investment and what the best option is for you and your family! Click here to read why now is the best time for you to buy!
Ready to go find the home of your dreams?! CALL/TEXT us today! 480-415-5233
Click here to see more on why you should be weary to buy the best home on the block.
If you want to learn about some financing options, or if you’re looking to get pre-qualified, contact Parker Turk at Sun American Mortgage Company: 602-616-3774.