Protect Your Investment: Finding A West Knoxville Home That Will Keep Its Value

When you think about buying a West Knoxville home, you probably have a list of things that are important to you. You’re concerned about the number of bathrooms, the number of bedrooms, and the privacy in the backyard. You may also hope for certain upgrades, like an upgraded kitchen or master bath.

If you’re like most buyers,  resale value is often an afterthought. After all, it can be crazy to think about selling a home before you’ve even moved into the home. But, finding a West Knoxville home that will keep its value is a very important think when you make such a large investment. Very few homeowners end up living in their home for the rest of their life. That’s why it’s important to find a home that will keep its value.

In this post, we’ll show you how to find a West Knoxville home that will keep its value, that way when it comes time to sell, you’ll get a good return on your investment.

Location

You know this because you’ve heard it a million times: real estate is all about location, location, location. This age old adage is said time and time again because it is so true. You can’t change a home’s location, unless of course, you physically pick up a home and move it (which can prove costly and difficult).

Location is the unchangeable factor about a home. It’s how close you are to shopping, restaurants, lakes, mountains, and other desirable features. It is whether you’re in a quite neighborhood or whether you hear a train at all hours of the night. Location matters more than many buyers realize. It influences every part of our daily lives, whether the place we live if full of eyesores or if the place we live is tranquil and beautiful.

Functional Layout

A home’s layout is another thing that is very difficult to change. If a home has a layout that isn’t functional, it can be something that is difficult, if not impossible change. If you have four bedrooms and only one full bath upstairs, the functionally of the home could be difficult, as everyone will be constantly fighting to get into the bathroom.

This is why a functional layout is so important to a home’s value.  Unless you do a major renovation, it can be something that is difficult to change about a home. When you’re buying a home, you want to be able to utilize every square foot. You want a good space to entertain and a space that is functional so that you have all the storage you need.

Strong Schools

Strong schools is another factor that will help your West Knoxville home keep its value. Neighborhoods that are part of strong school systems tend to keep their value better than those that don’t. Even if your kids are grown or you don’t have kids, this is still an important factor. It may not matter for you, but it will matter to future buyers.

It’s important to investigate the surrounding school systems to see what areas you want to buy in. To learn more about the surrounding school systems, you can visit our Knox County Schools Page.

Backyard

Finally, a backyard is another item that can help a West Knoxville home keep its value. Just like a home’s location can’t be changed, there is not much that can be changed about a West Knoxville home’s backyard. So, when you buy a West Knoxville home with a great outdoor space, that’s something that will help your home keep its value

A backyard is an important feature to most buyers. Whether they have a pet, kids, or just like to grill out, being able to spend time outdoors in a private space is a very important feature for buyers.  While you can change up the landscaping to make things more private, if there is a small backyard or no backyard, there is nothing you can do to change that situation. This is why having a great yard is something that helps a home protect its value.

Are you thinking about buying a West Knoxville home? Rick can be reached at 865-696-9002 or via email at Rick@KnoxvilleHomeTeam.Com. Kati can be reached by phone at 865-696-1888 or via email at Kati@KnoxvilleHomeTeam.Com.

You can get your West Knoxville home search started for today on our West Knoxville Home Search Page.