What To Look For When Buying a Home

New homes

If you are an inexperienced home buyer or a first-time buyer, then it is hard to know what to look for in buying a home. There are so many nuances and details included in the process of buying a home and that is why real estate agents spend time in college understanding the housing market before they begin their work. Here are some of the facts, tips, and tricks on what to look for in buying a home!

One of the best benefits of buying a home in the modern world is being able to use technology. Technology has allowed for websites and applications to come forward that help people buy homes. So now you can get extra help when trying to understand what to look for in buying a home.

It is definitely important to understand that when buying a home, you have to know what you want! So part of understanding what to look for in buying a home is understanding just what you want out of your next residence. So you have to think about the location, the neighborhood, and even the floor plan!

If you need help with what to look for in buying a home then do not feel bad because you are definitely not alone. As a matter of fact, just about 32% of all people that are looking to buy a new home are considered to be first time home buyers. This means that they have never bought a home before and there is no doubt they will need help too.

The website and application combo called Zillow has been developed by engineers to help people find homes and rental properties. Zillow recently released information that revealed that 48% of all home buyers are currently searching for homes that have never been lived in before. So that is just one aspect of knowing what to look for in buying a home.

Zillow has also revealed that just about 20% of all home buyers want to purchase a townhouse which is a smaller scale home. While there is not necessarily a spoken reason for this, the results ar definitely there. As a matter of fact, just about 23% of all millennials are likely to look at townhouses for their next place of residence.

Another important thing to consider when buying a home is the appliances that are within. As a matter of fact, it is considered to be high on the list of what to look for in buying a home. Just about 48% of all home buyers are interested in brand new homes and cite that they want their home to efficiency in terms of energy.

The website Realtor.com recently conducted a survey that revealed that 73% of all respondents stated that they were thinking about homeownership for less than three months before looking for a home. This website has also predicted that in the previous year of 2017, 61% of all homebuyers would be under the age of 35 and they were right.

In a recent survey by Urban Land Institute, 50% of respondents said that walkability is either the top or a high priority in where they would choose to live. Almost 56% of millennials and 46% of baby boomers prefer to live in more walkable neighborhoods. Nearly 34% of recent buyers who purchased new homes were looking to avoid renovations and problems with plumbing or electricity.

In Conclusion

Finding the right home can come down to so many different decisions. Understanding what to look for in buying a home is so subjective and can include finding a good neighborhood school, the right school district, and so many more details.

Leave a Reply

Your email address will not be published. Required fields are marked *