My advice to my buyers is always think resale. You may be picturing this move to our coastal area of NC as your ‘forever home’ for retirement but life has a way of being unpredictable as we are all experiencing very well right now. We have to stay flexible as well as practical.
To maximize your home investment, picture yourself as the eventual seller. Things you need to consider, is this a growing, active area, does the neighborhood have enough variety to attract the next age group of millennial buyers? Is your new home the most expensive and largest in the neighborhood (it should not be). Traditionally in our local area, the larger the house the less price per square foot when sold on resale. The trend now seems to be a smaller footprint with our future generation of buyers also. Unlike previous age groups, millennials aren’t looking for sprawling square footage; rather, they prefer smaller homes that focus on quality over quantity. They’re also tending toward eco-friendly and energy efficient properties.
Be a smart consumer but not just for today’s purchase but for tomorrow’s sale too, you will be thankful. Remember to consider the next generation of buyer’s impact and emerging buying trends, especially when considering a target market for selling a home.
Mary's Gone Coastal 