With so many questions to consider when buying a home, a buyer can get muddled in the myriad of details involved. In each residential neighborhood, houses will vary in total square footage and the number of rooms.
However, the following are five general pointers that a home buyer should examine about a home's physical features as you do your home shopping and compare different properties during the home buying process. 1) House Size. However, they should not be too different. When determining market value, the homes adjacent to the house you are interested in are the most important. Since the 50's, house size has almost doubled from an average of 980 square feet to an average of 2, 000 square feet. If most of the nearby houses are smaller than your house, they can act as a drag on the price appreciation of your house. Furthermore, if you choose to buy a small or medium house for the neighborhood, the larger homes will help raise your home's value. 2) The Kitchen. Remember if resale value is an important consideration, you should not buy the largest house in the neighborhood.
Family activity is usually centered around the kitchen, so this room has become the most important room of the house. With today's open floor plans, the dining room and breakfast nook should be located adjacent to the kitchen. As a general rule, homes with larger kitchens are more desirable especially if they are equipped with modern appliances. In newer houses, floor plans usually place the family room close to the kitchen as well. Three and four bedroom houses are the most popular among homebuyers, so if you can stick to buying in that range you will have more potential buyers when it comes time to resell. If there is easy access to the back yard, this is an even greater plus, as there will be occasions for barbecues and outdoor entertaining. 3) Bedrooms and Bathrooms. There should always be at least a minimum of two bathrooms in a house, preferably at least two and a half.
Walk- in closets are extremely desirable for the master bedroom. At the very minimum, look for houses that have one bathroom that is accessible to guests or will be the one shared by the other bedrooms, and one for the master bedroom. 4) Storage- Closets, Garages and Laundry. For the rest of the house, just be sure there is plenty of closet space. Many linen closets are placed in hallways near bathrooms. Don' t forget to check for storage space for linens and towels. A garage will add to the resale value and you should always make sure to get at least a two- car garage.
In addition, it should be a short trek between the garage to the kitchen so that hauling groceries in from the car does not become a chore that you will dread. Lately, three- car garages have become desirable in some areas of the country. The laundry facilities should be located somewhere convenient on the main floor of the house, but not in a place that it will create an eyesore. 5) Lot and Landscaping. Make sure that the lot is as level as possible. Even though most real estate value is usually concentrated in the structure itself, the lot is important, too. Assuming the property is in a typical neighborhood, look for a house that is on a lot that is rectangular. Yard sizes are smaller in modern homes than in older homes, but there should still be a decently sized front and back yard.
Try to stay away from odd shaped lots or oddly situated lots. Remember that overly landscaped properties will usually be priced at a premium which you may not be able to recover when you sell. You can always improve the landscaping during your ownership by improving the lawn and adding bushes and trees. You will get your best value if you choose the house that is moderately landscaped or under- landscaped for the area. As a general rule, like most things that you will buy in life, houses have their pros and cons. Other less important features can be satisfactorily and creatively addressed in the course of your home ownership.
You will be much more satisfied with your purchase if you concentrate on the positive aspects of a home that are on your" most desirable features" checklist or those that will improve your resale value.
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