Thursday, October 25, 2018

What are Valuable Home Features that May Be a Big Waste of Money?


Paying too much or full prize these days is not something anymore likes.  That is true when you are looking for a new home.  It’s time to make your home-buying dollar count so you aren’t wasting your hard-earned money on things you may not want or need in a home.

A Huge Yard- If you are not an outdoor person or don’t see yourself spending a lot of time outside, why spend the extra money for the home that has one?  Sellers may charge a premium for those extra patches of grass in the yard which you may end up paying even more in maintenance.

A “Short” Commute You Won’t Use- If you work from home, don’t commute during busy times, or retired living downtown or near public transportation may not be right for you. Living in these areas tend to have increased house prices as they attract those who will take advantage of it.

Top School District- If you don’t have kids in the home or don’t plan to have kids in the home you are looking to buy, why spend more money to live in a top school district?  People tend to over pay for home that are in a good school district to ensure their children will get a good education.

Single Story Home When You Prefer a Two Story- Single story homes can be more expensive depending on the area and price of land.  Typically, single story home takes up more land which can cost you more.

Fancy Amenities You Won’t Use- If you don’t spend time working in the garage, why spend extra money on home that has a heated garage?  Or if you don’t drink, why purchase a home with a built-in bar with a wine fridge.  These premium upgrades will send a purchase of the home’s price up.

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