Not All 3 Bedroom, 2 Bath Homes Are Created Equal

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Whether you’re a realtor or a buyer just starting to feel out the real estate market in Woodstock, you’ve probably noticed that home prices can vary drastically. But what makes a 3 bedroom, 2 bath house cost more, or less, than another?

There are quite a few factors that can affect home pricing and here at The Premier Group Real Estate Firm, we wanted to go over the most important ones with you. As a home buyer, you need to be informed. Buying a home is a major decision and likely one of the biggest purchases you’ll ever make. Have a look at these important things to consider when you’re ready to buy.

  • Condition – Even well-built homes need regular maintenance. Otherwise, time takes a toll and creates all kinds of issues, many of which are hidden. A home’s condition is a major factor when it comes to pricing. It’s important to get a professional inspection and estimate before you buy.
  • Location, Location, Location! – Location is everything in real estate. You can place the exact same home in two different neighborhoods and get drastically different prices. Everyone wants to live in an accessible area with shops and cafes, good schools, and good neighbors. All of these considerations are factored into the cost of a home, and the more of these desirable attributes you want, the more you’ll pay.
  • Area Statistics – We live in a time where everything is quantified. There are statistics for statistics about statistics, so finding out about average home prices, crime, property tax averages, etc. is as easy as a quick web search. If you can do it in five minutes, so can home sellers and realtors. These statistics also affect how a home is priced.

Buying a home, doing your research, and making sure you pay the right price can seem overwhelming, but with the help of a great real estate firm like TPG, you can make it happen. To find out more or see all of our listings in the Greater Atlanta Metro area, call The Premier Group and let’s get started.