The best deals on homes are often on properties that aren’t perfect, but how do you spot a home with potential? These are the 5 factors we've found:
Home shoppers looking for a great deal should keep these factors in mind when they are looking for a place with potential:
Location, location, location. You can fix a home's condition, but you can never change it's location..
Less than 50 years old. Properties older than a half century are likely to have more fundamental problems — like aging wiring, inadequate plumbing and sagging foundations. But when examining a home take care to note the difference between a home's actual age and it's age since it was refurbished or renewed. You may find that a home in Old Town Alexandria which was built in the 19th Century is "newer" than a home built in 1990 in Kingstowne.
Livable floor plan. Paint and carpet are relatively cheap, but moving walls can quickly get expensive.
Light. Houses with the most potential have plenty of natural light.
Good storage. Adding storage isn’t cheap, so it’s smart to choose a property that already has it.
For more information or to set up an appointment call Julie at (703)765-0300.
Julie Nesbitt is an ABR who has served buyers in some of Alexandria’s most exclusive neighborhoods. She is a top producing agent who has listed and sold property in Northern Virginia. In addition to helping folks buy, sell and rent property in Northern Virginia, Julie is the primary administrator of the property management services performed by Nesbitt Realty and Condo Alexandria. Call Julie at (703)765-0300.
The best deals on homes are often on properties that aren’t perfect, but how do you spot a home with potential? These are the 5 factors we've found:
Home shoppers looking for a great deal should keep these factors in mind when they are looking for a place with potential:
