What are the 3 major factors that impact a buyer’s decision to purchase? You may be surprised!
By:Vicki Holton-Kirk Holton Team
Many of us tend to think that adding the fabulous kitchen will be an important factor for a buyer….think carefully before you spend a lot of money for such an improvement! But if you have all of the factors listed below…you can make many improvements and get a lot of “bang for your buck.”
The major factor that motivates buyers to buy is location. We have all heard the saying “location, location, location.”
You can change so many things about a home…there are so many variables, but you can’t change the location.
How do we define a good location? One good measure is obviously the condition of the homes and neighborhoods surrounding the home…no matter what the price range. The next factor would be to ask yourself “is there anything negative about the location or setting that can NEVER be changed?” NEVER is a strong term. Examples would be:
A railroad track or highway running behind the home, backing to a major creek with lots of erosion, backing to a large shopping center, landfill, or very busy road. Being located near a high level of noise is also a factor.
The second factor is neighborhood, as I mentioned before. How the neighbors keep their homes and yards is a direct reflection on you. You want to make sure other homes are neatly kept and well maintained.
The third factor is floor plan…which is a surprise, but then understandable. Do I FEEL comfortable in these spaces, regardless of updates. Is it cramped, chopped up, does it have a strange, poorly planned addition? Are the ceilings too low, the basement ceilings too low to finish a lower level family room, bad access to the back yard, hallways too narrow? The list can go on and on. The big question is…do I feel comfortable in the space? Will my furnishings and taste work in the space?
And especially, with much of our population getting older, access for the disabled, or those who simply need a walker, is going to be more and more of a factor in purchasing a home.
When shopping for a home…or selling a home…keep the four most important decision making actors in mind:
Location
Neighborhood
Floor Plan
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