Quote:
Originally Posted by VApeople
As you are playing golf, look at the houses next to golf course. Would you like to live in one of those houses?
In my opinion, some of the lots look very nice, but a lot of them do not. Try to figure out why some of them are appealing and try to find a house or a lot that you think will work for you.
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A home is worth what someone is willing to pay. I live in a neighborhood where several of the original residents have died, were diagnosed with terminal illness, or desire to be closer to family. There have been times when several homes were placed on the market at relatively the same time. The sold prices differed immensely. Some walked away with $100-300 thousand profit. Others made $50-75 thousand for the same model.
You would assume the homes with better lots and views made the most, right? Amazingly, not always the case. Some interior lots attracted buyers quickly and sold for top dollar. The homes were gorgeous inside and were truly move in ready.
We live in a CYV villa neighborhood. Some of the lots are maintenance free or have much larger back yards than new builds. All have high stucco walls that offer complete privacy. Our neighborhood also has a pool and pavillon solely for neighborhood use. From what I have experienced, some buyers are willing to pay MUCH more for these attributes. Never underestimate a high budget buyer's needs and wants. A nice view is not always at the top of their list.
When you choose a home, consider these options.
1. Do you want to live in a home that has a wonderful view? One in which other posters have warned may have severe drawbacks. Noise, 24/7 golfer invasion, wild animals, a pond that may dry up, etc, etc. But, offers beauty as far as your eyes can see?
2.One that lacks nothing inside? A home with substantial upgrades is a luxury. Are you willing to pay more for this?
3. Is privacy important? Are you willing to pay more for a larger back yard? Some homes are located on small streets. This means fewer neighbors with little or no noise. Does this type of privacy interest you?
You are the one that must live in the home. Choose the one that offers the most bang for your buck. Most likely, if you need to sell, you will quickly find a high budget buyer. The reason? You paid attention to details when purchasing. You will leave with $$$ in your pocket, and the new owner will be thrilled with his/her purchase.