A Buyers Home Value Checklist by Donald Payne CRS,CDPE

By
Real Estate Broker/Owner with Vision Realty
https://activerain.com/droplet/LVj

                                                          www.visionrealty.com

 

 

When you search through the latest listings of  homes, you first find those that fit your top-line needs. Then you winnow down that list. Some of the candidates will seem more appealing than others; and some will seem to be over- or underpriced.                 homeseekcolumbus.com

 

Before making a final judgment on which homes bear a closer look, the most successful homebuyers also factor in qualities that may not be at the top of their own personal priorities list, yet which make a difference to the majority of homebuyers. In other words, they keep in mind the most important qualities that add value in market terms – that add investment value to homes that are principally your personal  choices. Some of the more important ones:

 

·         Location has a huge impact on a property's long-term price. Are amenities close by? Close enough to walk. Are homes in the immediate area well maintained? Is the property on a desirable block, or located next to a busy road?

     

                                                        www.visionrealty.com

     Taxes impact the overall cost of long-term cost – and when    homes  are listed, those figures are significantly displayed. Also important is whether there are any pending issues you should be aware of -- like a sewer bond or other pending taxes.

 

·         Condition will become a major factor in years to come -- forward thinking will pay off in terms of overall value. A 20-yr-old water heater, for example, is going to cost sooner rather than later.  Homes with excellent roof and foundation condition can add exceptional long-term value.

 

·        Homes  with potential are homes with unrealized value. With smaller properties, it’s worthwhile to consider how doable it would be to add rooms or expand its square footage.  Even if you don’t end up adding square footage, if homes are small for the neighborhood, a future buyer might. 

 

This November’s historically low mortgage rates make it a terrific time to give me a call. Together, we’ll find the homes that are good fits for your family – as well as great long-term values.

 

Posted by

columbus, lewis center and gahanna real estate

Columbus Ohio real estate - Vision RealtyAs a certified Realtor® for the top-rated Columbus Realty Firm - Vision Realty, with 32 years of dedicated real estate experience, I can help buyers, sellers, investors, short sale sellers and more find, sell or invest in the right property, at the right price, at the right time. Contact me anytime for updates and information on the Columbus OH Real Estate market.

 

Donald Payne - Vision Realty, Inc.
4608 North High Street

Columbus, OH 43214

Toll-free: (866) 510-2223

Cell: (614) 323-4348
DonaldPayne@VisionRealty.com
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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Joe Jackson 11/23/2012 06:03 PM
Topic:
ActiveRain Community
Location:
Ohio Franklin County Columbus
Groups:
1st Time Buyers
CRS Realtors in ActiveRain
Advice for Buyers
Tags:
first time home buyers
1st time buyer
buyer advice
how to avoid buyer mistakes
vision realty
donald payne

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Rainer
349,421
Edward Gilmartin
CRE - Boston, MA

It is also smart to look at the quality of schools...homes in towns with great school systems appreciate better most of the  time.

 

Nov 22, 2012 08:45 PM #1
Rainer
232,743
Pamela Smith
Award Realty - Sun City West, AZ
Sun City West, Corte Bella, Sun City Grand

Donald,

This is a great check list for someone to choose.  This first should be, call Donald Payne CRS,CDPE.

Nov 22, 2012 08:47 PM #2
Rainmaker
251,194
Joel Weihe
Realty World Alliance - Wichita, KS
Helping you to use your VA home loan benefits

And be careful about those "fixer uppers". Sometimes consumers think they are saving money when after contractor repairs the home ends up costing much more than it is worth.

Nov 22, 2012 08:51 PM #3
Ambassador
1,937,035
Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

A great guide that is very helpful. . .

You have the right message for your consumers. .

Have a great day! 

Nov 22, 2012 08:59 PM #4
Rainmaker
1,967,929
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

 
736,828 Points5 Featured PostsHit RouterCalled Shot Master

Location and condition are still the first 2 items.

Nov 23, 2012 06:01 PM #14
Rainmaker
1,967,929
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

These facts will hold true over many years

 

Dec 25, 2013 09:29 PM #16
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Rainmaker
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