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Thursday, October 23, 2008

How to spot a good buy in Rockledge and Viera Florida.

Beauty is in the eye of the beholder, particularly when it comes to buying a home. Features that attract one home-buyer may repel another.

However, the one feature of interest to every home-buyer is price. Getting the most home for your money is paramount. The real problem is figuring out whether that fixer-upper on one street is a better buy than the home in next-to-new condition two blocks away.

The first step is figuring out what kind of house you need. A good buy is only a good buy if it meets your current and future living requirements.

Next, determine how much work is required to make the house you are considering livable. Make an honest assessment of your fix-it abilities. How much work are you willing to do or pay someone else to do.

The heating, air-conditioning, roof and plumbing should be up to date, since repairs can be costly. Look for a house with universally popular selling points. If you’re impressed, the next buyer down the line is bound to be, too. On closer examination, a house that looks like a bargain may lack some of these key features.

Don’t forget the old adage: location, location, location. Unless you’re looking for a fixer-upper, the house should be in a condition that is comparable to other homes in the neighborhood. Avoid buying the biggest or fanciest home on the block.

Good community facilities also add appeal; pools, athletic fields, community centers, libraries and hospitals all add to a neighborhood’s value and desirability. Transportation needs also should be considered. Is local public transit available? How long are typical commutes to places of current and potential employment?

Consider the cost of living in a home. It’s important to consider not only purchase price but the monthly cost of living in a home.

You can find a bargain! If you are considering a move to Viera or Rockledge, Florida, please give me a call. I would welcome a chance to assist you or provide any assistance I may. Gary Waters, Century 21 Baytree Realty, Rockledge, Florida.

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