Lifestyle real estate newsletter | april 2019
a 24 point property checklist
Someone wise once said that you don’t make money when you sell: you make money by buying wisely. I have compiled a list of 24 things you should consider when buying – the more items that get a positive check, the better investment you make! 1. Property Location 2. In-Demand Schools Nearby 3. Shopping Nearby 4. Area’s Economic Strength 5. Supply and Demand of Housing in Area 6. Large Buyer Pool for Property when Selling 7. High-Demand Neighborhood 8. Neighborhood Condition
9. Neighborhood Growth 10. Appreciation Potential 11. Transit Nearby 12. Major Development Coming to Area 13. Crime Analysis 14. Potential for Natural Disasters 15. Financial Fit 16. Tax Benefits 17. Property Repair and Maintenance 18. Number of Bedrooms 19. Number of Bathrooms 20. General Floorplan 21. Kitchen Configuration and Features 22. Flex Spaces 23. Lot Boundaries, Borders, and Lot Size 24. HOA
It would be unusual for a property to rank positively for all 24 of these items. In fact, we have to balance our wants and needs with the price we are willing to pay for a property as buyers, and know these factors all are taken into consideration when time to sell. It might be interesting to start by analyzing your current property. If you would like to create an honest assessment of your property related to these items, I would be happy to help.
N I N A B J O R N S TA L 206.730.0962 | Cell or Text nina@ninabjornstal.com | E https://realestatenina.com | W
15117 Main Street B106 | Mill Creek WA 98012