Monday, June 18, 2012

A Guide To New Homes: Looking At The Bigger Picture











Owning a home is part of the American Dream. Upon reaching that point in life when you are ready to make the big buy, it is important to know how to go about it to avoid making costly mistakes. Expect that the home buying process will be exciting and stressful at the same time, but will be worth it in the end if you make the right moves. Here's a quick guide to help you look at the bigger picture before searching for new homes. Most first time homebuyers often find themselves caught in the whirlwind of finding the perfect house. While the features and fixtures of the structure itself are important, it should not be your immediate priority. It makes more sense to look at the bigger picture before scrutinizing aspects like the number of bedrooms and bathrooms, garage space, and kitchen size.

Location is everything when it comes to new homes for sale. After all, what good are all your dream features if thehouse is in the middle of nowhere? Carefully choosing the community is the first step to a worthwhile investment. Be a smart buyer and keep the following pointers in mind.

City versus the Suburb

Decide whether you want a property in the city or one in the immediately surrounding area. It is the first major decision you have to make and your choice dictates everything else that follows. Think about your budget and the lifestyle you wish to live. Do you want to be close to where the action is all the time? Do you prefer something more laidback but with easy access to a cosmopolitan lifestyle? Answering these questions will help you decide which area to focus on when searching for new homes.

Where you choose to livewillnarrow down your choices in terms of the type of new homes for sale. For example, the city might have more options for condominiums than detached houses, and vice versa for the metro area. This aspect also lays out your options for schools, work, and entertainment.

Economic Stability

General rule of thumb is to buy a home where the economy is flourishing or on the rise. Properties in such locations are good investments because prices are competitive and resale value is high. Thriving cities are also usually host to big industries. This is ideal especially if you seek new job opportunities or career growth to provide for a growing family.

New homes for sale in economically stable locations normally have bigger business districts offering you more choices for entertainment and recreation. Major cities may also be home to bigger school districts providing education across all levels. This is an important inquiry especially if you are interested in a master's or doctoral degree, or want to send your kids to a good school.

Government Services

The last significant concern when choosing a location for new homes is local government services. What's available in terms of hospitals? Does the place have reliable police and fire department services? Are there parks and athletic facilities you can use? These are important aspects most homebuyers tend to overlook. Be a smart buyer and go over all these related aspects before looking into properties one-by-one.

Anna Griffiths is a broker for new homes and helps clients find ideal new homes for sale.

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