“unique” or “eclectic” or even “weird” factor, and you love it.
Brian Davis, landlord and real estate investor, cautions buyers to “only buy a heavily customized or unique home if you plan to live there for a long time, and the customization is something you actively like.” Just keep in mind that not everyone has your (or the seller’s) tastes, and heavily customized homes are harder to sell down the road, as they tend to not appeal to the general public and the average home buyer.
9. You’re Not a Fan of the Neighbors/Neighborhood
This has less to do with the property itself, and more to do with what comes with it — the neighbors and the surrounding area. If you’re going to move, you have to consider the area you’ll be in, and the people who are nearby. After all, you’ll be there for quite some time, whether it’s two years, five years, or ten — neighbors and neighborhood matter, and will significantly impact your quality of life. First, let’s tackle the neighbors. Maybe they’re loud, partying all night, almost every night, with plenty of guests and loud music. Or maybe they have multiple pets that cause disruptions — such as stray cats that wander into your yard and garden, or dogs that bark and howl seemingly non-stop. Or maybe they’re just strange, and indulge in strange hobbies. Whatever the case, “those terrible neighbors could not only make your life miserable, they could also affect resale value if and when you decide to move,” says Evan Harris, co-founder and CEO of SD Equity Partners (San Diego, CA).
But how do you know what your potential neighbors will be like?
137
Powered by FlippingBook