Kevin Durkin's Blog
More Info on this Property | New Listing Alerts
131 Humphrey St, Lowell, MA 01850
An excellent way to estimate the market value of a property is by taking a look at the streets, clinics, offices, nearby homes, and other facilities in the area. A good neighborhood plays a vital role in determining the worth of your home and can have great benefits for homeowners as it supports a steady rise in capital values, while a poor location stagnates the investment values of homes it. Are you looking for a good neighborhood for your real estate investment? Here are some signs that define a great area:
Locations that are very accessible and close to means of public transport are preferable. The advantage of living in an easily accessible place is connectivity. Connectivity means that you can get to the airport, hospital, train station, worship places, and your workplace within the shortest possible time. This factor makes it easier to deal with the daily routines of living. It also makes the neighborhood more livable.
A good neighborhood that is surrounded by an unhealthy one will be deemed unsuitable. Therefore, it is essential you consider the areas surrounding a community before you make your decision. The best residential buildings are located around prime areas and not places that are underdeveloped with downmarket profiles.
Great Opportunities for socializing
You should consider a location that gives you ample opportunity to get out of your home and socialize with people. Therefore, a neighborhood with coffee shops, theatre, art galleries, and parks is an excellent area for socializing.
Reduced Crime Rates
An excellent location will have a lower crime rate. That is robbery, theft, burglaries, and other vices are relatively few. The low crime rates in any neighborhood can be due to the heavy presence of security forces, better security arrangements, and the class of people living in that area. You should always go for a city with a lower crime rate for your safety and that of your family.
Presence of Retailers
A location with lots of retailers is the right place for business. Meaning that numerous potential consumers are living in the area. So, if you can see a lot of retail stores around, it indicates that the city is thriving. Also, the availability of convenience stores makes life easier and more enjoyable for residents.
Real estate investment requires proper planning and the location where you have your property has a remarkable effect on its market value. You should take note the qualities mentioned above before choosing a suitable neighborhood for your real estate investment.
There is no set amount of time that you will need to allocate to sell your residence. In certain instances, a seller can generate lots of interest in his or her house and receive an offer to purchase within one day of listing a home. On the other hand, a seller sometimes requires many weeks or months to stir up interest in his or her home.
Ultimately, you should strive to commit as much time as you can to sell your home. If you do everything possible to promote your residence to potential buyers, you could reap the benefits of a fast, profitable house selling experience.
There are many things that a seller can do to ensure a seamless home selling experience, and these include:
1. Improve Your Home Both Inside and Outside
Remove clutter from inside your home – you'll be happy you did. In addition to making it easy to show off the true size and beauty of your home, eliminating clutter could help buyers envision what life may be like if they purchase your house.
Meanwhile, your home's curb appeal can make a world of difference during the property selling journey. If your house boasts a stunning front lawn and other exceptional home exterior features, your home may be better equipped than ever before to make a positive first impression on prospective buyers.
2. Establish an Aggressive Initial Home Asking Price
Take a look at the prices of comparable houses in your city or town. In addition, evaluate the prices of recently sold houses in your area that are similar to your own. This housing market data may help you establish an initial home asking price that falls in line with the current housing market's conditions.
Furthermore, it may be beneficial to conduct a house appraisal. With an appraisal report in hand, you'll have a property valuation that you can use to establish an aggressive initial asking price for your residence.
3. Hire a Real Estate Agent
A real estate agent is an expert guide for selling homes. He or she can help you list your residence, promote it to prospective buyers and much more.
Of course, let's not forget about the assistance that a real estate agent provides at each stage of the property selling journey, either. A real estate agent will help you create a house selling strategy and put this plan into action. He or she will be ready to respond to any of your home selling concerns or questions too. And if you're unsure about how to proceed at any point during the house selling journey, a real estate agent can provide property selling recommendations and suggestions.
For those who want to add a house to the real estate market and streamline the home selling journey, it may be a good idea to hire a real estate agent. By collaborating with a real estate agent, you can get the support you need to quickly navigate the home selling journey.
Buying a home can be fast and easy for just about anyone. However, becoming the "perfect" property buyer can be challenging, particularly for those who are shopping for a house for the first time.
The perfect homebuyer understands what it takes to land his or her ideal house at the best price. As such, he or she will know how to handle difficult homebuying situations and streamline the process of going from property buyer to property owner.
Ultimately, becoming the perfect homebuyer may be easier than you think – here are three tips to help you acquire your ideal residence quickly and effortlessly.
1. Study the Real Estate Market Closely
The real estate market has many ups and downs, but the perfect homebuyer will know the ins and outs of the housing sector. By studying the real estate market closely, this property buyer will be able to identify the right opportunities and overcome any potential homebuying hurdles.
Spend some time looking at the prices of homes that are currently available. This will allow you to find homes at price that you like – and homes at prices that you don't like – and map out your homebuying journey accordingly.
Also, take a look at homes that recently sold in cities or towns where you'd like to live. This will enable you to differentiate between a buyer's market and a seller's market.
2. Know What You Can Spend on a Home
The perfect homebuyer should have no trouble avoiding the temptation to overspend on a house. In fact, this homebuyer will understand how to get pre-approved for a mortgage, which will ensure that he or she can establish a property buying budget.
To get pre-approved for a mortgage, a homebuyer should meet with several banks and credit unions. Each meeting will enable a homebuyer to learn about the mortgage options that are available from a variety of lenders. Plus, a homebuyer can ask questions and discuss myriad mortgage options with these lenders.
With pre-approval for a mortgage, a homebuyer will be able to enter the housing market with a budget in hand. Then, this property buyer can narrow his or her search for the ideal residence.
3. Collaborate with a Housing Market Professional
Becoming the perfect homebuyer may require you to receive housing market guidance at times. Fortunately, if you work with a real estate agent, you can get top-notch support as you navigate the homebuying journey.
A real estate agent is a housing market professional who will go above and beyond the call of duty to assist you. He or she will be able to provide homebuying recommendations to help you make informed decisions. Also, a real estate agent will be able to keep you up to date about new houses as they become available, guaranteeing that you can speed up the homebuying process.
When it comes to buying a home, it is essential to do whatever it takes to acquire a first-rate residence at a budget-friendly price. Take advantage of the aforementioned tips, and you can move one step closer to doing just that.