Seems like every buyer these days wants More for Less.
The question is - More of What?
The easy route is to focus on price. How many dollars per square foot, per acre, etc. But can we really reduce a home to a stack of cash?
In my rural market, subdivisions are not where most of the homes are located - so uniformity of properties for valuation purposes is a real challenge.
One of the most critical services I provide to buyers considering relocating to my rural market is to work with them closely to discover what really matters to them as they adopt a rural lifestyle. Most of them are coming from the Land of Uniform Properties - pick out your subdivision, run the comps, and VOILA! its pretty easy to figure out how to get More for Less.
In rural America, there's so much more to consider. Take land, for example. A 10 acre parcel may cost you $125,000 (open pasture land with some nice hardwoods, four board fence across the front, beautiful views across adjoining land) - or it may cost you $80,000 (wooded with a creek branch, just a mile or two up the road). These are both real examples from 2010 sales.
Some people are willing to look out from their beautiful home onto a neighbor's place that may be a bit older and run-down. Others want to look at homes similar to their own.
Ultimately, the real question every buyer must ask is this: am I getting MORE of what I value with this particular property?
MORE of the view I value
MORE of the type of land I like
MORE of the location that matters to me
Quantity is just one factor among many that a smart buyer considers on the road to buying More for Less.
I specialze in rural properties in the Madison and Lake Oconee area - conveniently located along I-20 midway between Atlanta and Augusta. Give me a call if you want to discover whether my beautiful area is right for you.
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