What You Should Know Before Buying a Bigger Home in Atlanta
If you’ve been considering buying a bigger home, or are relocating to the area and will be upsizing, now is the time to start taking those next steps! Buyer demand is still high, which means you could be competing with others for a property, however, with home prices and mortgage rates expected to increase, you won’t want to wait any longer.
As your local market experts, Heineck & Company will guide you through your next home purchase in Alpharetta, Buckhead, Brookhaven, Dunwoody, Roswell, or Sandy Springs— and that means making sure you are an informed buyer, especially when upsizing.
Below are three things you should know about buying a larger home in Atlanta this year:
Note what you WANT vs. what you NEED
What is absolutely essential in your new home? Do you need a bigger kitchen for hosting gatherings, or do you just like the idea of one? Do you need a bigger yard for pets and kids, or is the reality of upkeep unrealistic? Making a list of priorities before moving forward can help you avoid buyer’s remorse!
Do the math
It’s no secret that a bigger home will likely come with a bigger payment. Doing the math on the front end before you commit to upsizing to a larger home will save A LOT of heartache and stress on the backend. For instance, consider weighing maintenance costs as much as you weigh purchase price and downpayment. Are there homeowner’s association fees? What are the closing costs associated with purchasing the home? It’s important to map these out prior to beginning the home search, and that is why Heineck & Company provides an initial consult to touch on all of the above scenarios.
Think about resale
No matter what size home you are buying, it is always smart to put on your future buyer hat and think about resale. If you choose the home and location wisely, you can likely make a profit when the time comes to sell. Think about what buyers will want, what area is up and coming, or which neighborhoods will be desirable given your timeline to sell. Think about the number of bedrooms and how that will affect resale. Even if you’re upsizing now and plan to stay for decades, you will thank yourself later when it’s time to potentially downsize.
No matter if you’re upsizing, downsizing, or simply looking for a new home in Alpharetta, Buckhead, Brookhaven, Dunwoody, Roswell, or Sandy Springs, contact the Heineck & Company team at email@example.com. We’re here to make it happen for you!
Heineck & Company at Keller Williams Realty
Phone: (404) 418-9157
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