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Buyers Choose Practical Home In This Real Estate Market Over Dream Home!

By
Real Estate Agent with ERA Realty Center

I have been working with a buyer for several days that just sold their home in San Diego.  They are retiring here in Cedar City to be near their grandchildren.  They narrowed down their Cedar City purchase to 2 homes.  One home was absolutely the home of their dreams.  They could have stretched to buy it but chose the practical home.  Was that the right decision when there are so many beautiful bargains at such great prices from which to choose?

These good people considered many things beyond the price.  They had cash, so loan rates were not a problem.  The big road blocks to choosing the luxury home seemed to be higher property taxes, maintenance costs, and utilities in the larger home.  They have both worked for many years and wanted some extra money for travel and to enjoy life in their retirement.  In their case, the practical home is their dream home because they are following their dreams.

I believe these buyers made the right decision for them.  For others, stretching to the maximum would be the ideal.   There is no right or wrong answer as to whether to go for the practical or luxury home.  The most important dream can only be decided by the individual. 

Search for your dream home by clicking on search MLS at www.homesincedarcity.com.  Janet's team can help with every home and save you hours of time.

For help making all of your real estate goals a reality, please call Janet's team at ERA Realty Center at 435-865-1019 or email naisbitt@infowest.com.  My toll free number is 800-934-3742.  You can also text 435-559-7772 which is my cell number.  I am on Facebook. 

 

Janet Naisbitt-Bagley
ERA Realty Center - Cedar City, UT

I was just thinking about a friend, Janis, who was a licensed real estate agent in Cedar City many years ago.  I believe she moved to Sacramento.  I was just thinking that she would probably disagree with buying the practical home.  She always believed and recommended that you stretch and buy the nicest home possible because home values go up.  You live in and enjoy your home every day.

Sep 28, 2010 10:23 AM
Michael Bergin
Coldwell Banker Residential Brokerage - ABR - SRES - Alexandria, VA
Northern Virginia Real Estate

Janet -

Yes, but your clients had other things they wanted to do, like travel.  I applaud them for looking down the long road and making a decision that was right for them.

 

Sep 28, 2010 11:05 AM