The Huntsville real estate market in Huntsville, Alabama is of great interest to first time and experienced home buyers as well as property investors. Our area is in demand in part because of great home pricing, quality home construction, low property taxes and great neighborhood’s to choose from. The housing market in our area is ramping up and we’re excited about that.
When looking at Huntsville real estate, choose location over the general quality of a home. Location is a key ingredient when it comes to the resale of a home. Your home is where you may spend a lot of your time, where you may shop online, exercise, take walks and run errands from. You want to make sure the surrounding area will fit your style of living before making your purchase.
Another important element to think about when shopping Huntsville real estate for sale is the market value of the home you are trying to buy. The comparables in the surrounding area where you are looking to buy a home (particularly the sold comps) should be looked at and evaluated closely. The comparables determine the value of a home when they are interpreted correctly. It is so important to not pay more for a home than what it is worth in today’s market. It’s always best to consult a real estate professional when interpreting the value of a home. Residential Huntsville real estate can vary in price per square foot, for example a 3,500 square foot newer home in the city of Huntsville could sell for between $80 and $146 per square foot.
Huntsville home prices are sometimes negotiable. A realtor representing you as a buyer’s agent can be a great asset during the home buying process.
Also when evaluating Huntsville real estate take a close look at school districts, the distance to schools, distance to your work place, shopping, activities and entertainment. These factors are important when choosing a new place to live and are also important for resale.
Once you have determined the location you want to live in and the size of the home, it is important to look at your budget. A Huntsville real estate professional can help you by providing many listings within your budget and in your area of choice. Be sure to determine if a home needs renovations. Think about if you would rather buy a home that is already updated or a home that’s older and needs some work could be renovated to meet your needs. The latter is often lower in price, but renovation costs can add significantly to the total cost of a home. Do your research and compare costs of Huntsville real estate and don’t forget to factor in property taxes, hazard insurance, private mortgage insurance and any HOA fees that could be applicable.
Huntsville real estate features properties in neighborhoods that suit most home buyer’s needs. Looking for a new or existing home can be a daunting task. Falling in love with a home can be exhilarating. Use an experienced Huntsville real estate agent to make it easier to go from looking to buying.
Author Resource:
Steve A. Thomas is your Huntsville real estate resource serving Huntsville, Alabama and surrounding areas. Steve A. Thomas Realtor, Associate Broker, ABR, e-Pro RE/MAX Huntsville/Madison Cellular: 256.694.4663 Toll Free: 800.239.4749 Ext. 4945 Web site: http://www.HuntsvilleAreaHomes.com
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