Resale value is often one of the last things many buyers consider when buying a West Knoxville home for sale. Resale value, though, is a very important factor to consider when buying a home. A home is a big investment, which is why you want to protect your investment and ensure the home you buy can sell well in the future, if need be. Here is how to pick a West Knoxville home with good resale value.
If you know anything about real estate, it’s probably the location is key. When it comes to selecting a West Knoxville home for sale, location can play a critical role in value. A location can be good for many reasons including proximity to popular locations, great views, or other unique characteristics. Just as location can be helpful to a home’s value, it can be just as harmful. For example, homes near the interstate can be difficult to sell due to the constant sound. A good location is key in resale value.
The floor plan of a home can also be critical for a West Knoxville home’s resale value. Generally, homes with two or more bedrooms sell better than homes with just one bedroom. Also, having more than one full bath can be helpful to a home’s resale value as well. In addition, homes that have strange layouts can sometimes be difficult to resell. Buyers want homes with a good flow that don’t feel claustrophobic.
Finally, the general rule of thumb for finding a home with good resale value is to go with the norm. If a home is strange for the price range and style of home, it is likely going to hurt a home’s resale value. Generally, classic home styles will always sell well and evolve well with the times.
Are you thinking about buying a West Knoxville home this year? If there is anyway Knoxville Home Team can assist you, please let us know, you can give Rick at call at 865-696-9002 or send an email to [email protected]. Kati can be contacted at 865-392-5880 or via email at [email protected]. Also, be sure to check out our West Knoxville Home Search Page.