Real Estate That Heeds Your Needs

Have you ever made an impulse purchase and regretted it soon after? If it’s just a DVD or a pair of jeans, returning it isn’t a problem. But with something more substantial like real estate, it may be tough getting a refund, even with the receipt. That’s why it’s crucial to figure out what’s really important to you and your family before beginning the search for your new home.
Of course, with an element that impacts your life as significantly as real estate, there are a host of factors to ponder. What’s vital to one person may be an afterthought for another. But generally speaking, one of the first steps on the road to success with real estate is selecting the style that best suits your needs. If you get that part right, your new house can be a source of joy and contentment rather than a trigger for buyer’s remorse.
Staying Detached
The starting point for most people tends to be a single family detached home that sits by itself with no connection to other properties. While a detached spouse is generally a bad thing, a detached dwelling offers the most privacy and quiet of the different options. You’ll then need to weigh the myriad of options for this home type, including everything from bungalow to split level to multi-story. But once you settle on your space, the rest will start to fall into place.
Selecting a Semi
For a more budget friendly option in real estate, you might consider a semi-detached unit. It may sound like a home with commitment issues, but it’s really just one that shares a common wall with a neighbor. It generally costs less than its detached counterpart and is therefore one to look at if price is an issue. Keep in mind, though, that it will decrease your privacy and increase the noise factor, so be sure to check out the people next door before making a move. If they ignore your knock because they’re busy with drum practice, move on.
Deciding on a Duplex
This is similar to semi-detached home in that it involves two units with a common wall. The main difference with this style of real estate is that the two are up and down rather than side by side. Apart from the cost saving over a detached home, a selling point for the duplex is the ability to rent out the unit below to help pay your mortgage. Weigh this option carefully though, as being a landlord isn’t for everyone.
Another advantage is that the lower space can be used as a guest suite for your mother-in-law. What’s the disadvantage? The lower space can be used as a guest suite for your mother-in-law.
Going Out on the Town(house)
This is sometimes referred to as terrace or row housing because it consists of many similarly styled homes joined in a row. It’s an affordable, lower maintenance alternative with no sprawling lawn to mow or driveway to shovel. On the other hand, unless your unit is at one end, you’ll likely be sharing a wall with someone on each side of you. As long as you’re not overly sensitive about noise, that might not be an issue. But if you are, being in the middle of a townhouse sandwich may not be an appetizing option.
Finding the best fit in real estate is no small feat. At the same time, it’s exciting to explore different styles and imagine your family settling into them. And with the help of an understanding realtor, you’re bound to make the right decision in the end.
But if it makes you feel better, keep the receipt.
Article Source: http://EzineArticles.com/8770832