Buying Santa Cruz real estate is usually a long-term investment that will affect you for decades. When you are looking to buy a home, it is important to think about not just what you are looking for now, but what will be the most advantageous situation for you in the future.
Of course, it is impossible to predict the future accurately, as times change and unexpected events can occur. However, when you are buying a home, you should do your best to think about what your needs will be and how the area could change over time.
How Will Your Family Grow?
If you are a young couple buying a house together, think ahead to the next few decades and consider who might eventually live with you. You’ll want to make sure the house has enough bedrooms and a safe backyard for children. Also, you might want to consider the possibility of a parent moving in with you as they get older.
How Will the Neighborhood Develop?
When it comes to buying Santa Cruz real estate, it is worth finding out more about the future of the neighborhood. If there is a large development, such as a block of apartments or a shopping center being planned, you should ask your REALTOR how it could affect housing prices and the overall feeling of the area.
What is the Resale Value of the Home?
Although you might not be considering selling the home for years, it is still important to think about the resale value. Does it have more than one bathroom? Does it have a good layout? Is it in a good location? Imagine yourself selling the home and think about what buyers will be looking for.
Planning for the future is important when you are buying a home. Although you cannot predict exactly what will happen, make sure that you look ahead to all the possibilities when you are investing in Santa Cruz real estate.
If you have any questions or want to find out more about purchasing a home, please call me at 831.662.6522 or email me at Lauren@LaurenSpencer.com.
Young Couple Buying a House
Future of the Neighborhood