What Home Buyers Should Expect in a Starter Home

By
Real Estate Agent

Due to the housing market and also a buyer's market, first time homebuyers feel that they can ask for the sun, moon and stars. A lot of first time homebuyers are not educated on what is available in certain home price points. 

Most starter homes come with:

  • Standard cabinetry
  • Standard flooring (vinyl flooring, carpet and padding, or laminate hardwood flooring)
  • Standard appliances
  • Laminate countertops
  • Eggshell wall coloring

Basically everything is standard and depending on the builder some starter homes will have sub-standard items. Most builders offer upgrades, but it may be offered at a premium price. The purpose of a starter home is mainly for affordability and also achieving the dream of homeownership versus renting.

Remember a starter home is just that a starter.  Hopefully you will gain equity in your starter home and then upgrade in a few years.

 

Comments (3)

Gloria Laughton Allston
COLDWELL BANKER RESIDENTIAL BROKERAGE - Princeton, NJ
Realtor(NJ)/Broker(NY)

This is so true Shamica and I experienced it in large numbers during the last few months.  The media has done such a selling job on the "must haves" in a home that First Time Home Buyers truly believe they should be able to buy champagne for the price of a bottle of beer.

One of our roles as real estate advisors is to patiently work with First Time Buyers to help them adjust to housing realities.

Oct 23, 2009 09:57 AM
Anonymous
trustedbroker

Such a great info! its help me a lot..thanks for sharing! keep it up.
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Jul 18, 2013 12:01 AM
#2
Anonymous
trustedbroker

Such a great info! its help me a lot..thanks for sharing! keep it up.
<a href="http://www.trustedmortgagebroker.com.au/first-home-buyer/" title="Melbourne first home buyers">Melbourne first home buyers</a> | <a href="http://www.trustedmortgagebroker.com.au/first-home-buyer/" title="First Home Buyer">First Home Buyer</a>

Jul 18, 2013 12:01 AM
#3