What is the most important thing you look for when you are thinking of buying a home?

Asked by Cliff Keith, San Carlos, CA Tue Jul 17, 2012

Everyone looks for the "transactional" aspects like 4 bedrooms, 3 baths, 3 car garage, formal dining room, family room and a dishwasher, however, when buying a home those aspects can be justified away. What is really important to you when buying a home?

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6
Manuel Ramir…, Home Buyer, California
Fri Oct 26, 2012
Hi,
According to me there are certain important things one should look for when buying a home. When buying a home location should be the top priority. Once you buy a house, you cannot change the location. So one should always give importance to location. Beyond location, one should also consider at the particular site of the home. Also make sure about the neighborhood which meets your expectations.
0 votes
Scott Hulen, , 64068
Sun Jul 29, 2012
Location is always number 1 in my book! Next for me is resale value down the road, then the balance is the overall amenities with a driveway facing east on a walkout lot.
0 votes
Fred Yancy, Agent, Woodstock, GA
Sun Jul 29, 2012
Your neighborhood has a big impact on your lifestyle. Follow these steps to find the perfect community to call home.
■Is it close to your favorite spots? Make a list of the activities — movies, health club, church, etc. — you engage in regularly and stores you visit frequently. See how far you would have to travel from each neighborhood you’re considering to engage in your most common activities.

■Check out the school district. This is especially important if you have children, but it also can affect resale value. The Department of Education in your town can probably provide information on test scores, class size, percentage of students who attend college, and special enrichment programs. If you have school-age children, visit schools in the neighborhoods you’re considering. Also, check out http://www.schoolmatters.com.

■Find out if the neighborhood is safe. Ask the police department for neighborhood crime statistics. Consider not only the number of crimes but also the type — such as burglaries or armed robberies — and the trend of increasing or decreasing crime. Also, is crime centered in only one part of the neighborhood, such as near a retail area?

■Determine if the neighborhood is economically stable. Check with your local city economic development office to see if income and property values in the neighborhood are stable or rising. What is the percentage of homes to apartments? Apartments don’t necessarily diminish value, but do mean a more transient population. Do you see vacant businesses or homes that have been for sale for months?

■See if you’ll make money. Ask a local real estate agent to get information about price appreciation in the neighborhood. Although past performance is no guarantee of future results, this information may give you a sense of how good of an investment your home will be. A government planning agency also may be able to tell you about planned developments or other changes in the neighborhood — like a new school or highway — that might affect value.

■Make personal observations. Once you’ve narrowed your focus to two or three neighborhoods, go there and walk around. Are homes tidy and well maintained? Are streets quiet? How does it feel? Pick a warm day if you can and chat with people working or playing outside.


Fred Yancy, Broker
Crye-Leike Realtors
(678) 799-4663
0 votes
Judi, , Pleasanton, CA
Sun Jul 29, 2012
Looking closely at the Redwood City School District if children are involved----then run--don't walk from the area.
0 votes
There are some decent schools in Redwood City School District, especially the schools of choice, which are open to all residents regardless of what neighborhood your in.
Flag Tue Aug 21, 2012
Marcy Moyer, Agent, San Ramon, CA
Wed Jul 18, 2012
A great realtor to help you buy a home.
0 votes
The Stephen…, Agent, Portland, OR
Tue Jul 17, 2012
Don't buy a homeowner special! Irregular homes always have a difficult time re-selling. Find a traditional home in a good neighborhood.
0 votes
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