Finding Homes for Sale That Are the Right Age- When you go house hunting in the Fort Leonard Wood area, you may be impressed by new construction and older homes that have been completely renovated. If you are a first-time home buyer or military family, you may not have the time or money to spend on an expensive new construction home, even though they are lovely. When sifting through homes for sale, what is the ideal age of a home? An experienced Realtor can help you figure out some of the issues to look for with homes of different ages. New Construction If you are set on owning a new construction home, you can find a lot of good, new home listings in Waynesville, MO. One of the advantages of owning a new home is that you won’t have a lot of maintenance costs since everything is new. You will get to start with a blank slate, designing the homes to be exactly as you want it to be. On the downside, the prices of new construction homes in the Fort Leonard Wood area are going up. Homes less than 5 years old Homes for sale that are less than 5-years old are typically new construction homes that were perhaps too expensive for the original owner. In some cases, the owner had to move unexpectedly. Because home prices were lower going back in time the past five years, it’s possible to get a good deal on a gently lived-in home. If a seller is motivated, your Realtor can negotiate with your best interests in mind. Homes 5-to-15-years old Homes for sale that are between the ages of 5 and 15 years old could be part of the shadow inventory of foreclosures that didn’t get handled during the housing collapse. However, in most cases, it’s just a newer home owned by someone who wants to either move and buy a step-up home or relocate to another area. A home in this age range may have had more than one previous owner, which means a Realtor will have to do more research to discover the history of the home. Homes 15 years or older Homes for sale that are 15 years or older are likely to need major upgrades and renovations unless the work has already been done by former owners. At this stage, the home has probably had multiple owners throughout the years. An inspector will let you know the condition of the property, but look out for the fact that an older home may need a new roof, new A/C unit, replacement windows, floor, cabinetry and other upgrades. Walker Real Estate Experts specializes in military relocations to the Fort Leonard Wood area. We can help you figure out how old of a home would best suit your needs. For more information, please contact us.
Posted on: Thu, 18 Sep 2014 19:36:53 +0000
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