Buying Property

Considering Resale Factors

Since one day you may want to sell the home you're thinking of now buying, you should give some thought to the home’s potential resale value and consider the following:

• Decide whether you want a newly constructed home, an older home or a home that requires some work, or a "modernisation",
• Houses with three or more bedrooms and two or more baths have more appeal and appreciation potential than two-bedroom/one-bath houses,
• Well-maintained, attractive homes are the easiest to resell,
• As a rule, don't buy the most expensive house on the street,

From an investment standpoint, it’s better to buy a less expensive, moderately sized home in a great area, than the most expensive or largest home in an average area.