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Tips for Buyers

Do we dig deep and buy a dream home or settle for a starter home?
Choosing between a smaller house in an affluent neighborhood, an older, bigger house in a more working-class community or a brand-new home is not easy. If you're in this situation, start by examining your priorities and asking the following questions:

* Is the surrounding neighborhood or the home itself the most important consideration?

* Is each of the neighborhoods safe?

* Is quality of the schools an issue?

* Do any of the areas seem to attract more families with children or adult residents? And where do you fit in?

As for the return on your investment, home-price appreciation is hard to predict. In the late 1980s, and again 10 years later, the more expensive move-up housing appreciated wildly. But during the recession that followed, smaller homes tended to hold their value better than more expensive ones.

Provided By Inman News
- Return to Buyer's Questions
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The multiple listing information is provided by the CRIS Multiple Listing Service from a copyrighted compilation of listings. The database of listings is updated several times daily. The compilation of listings and each individual listing are 2023 the CRIS Multiple Listing Service all right reserved.
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