The value of your home as an investment is directly related to its marketability. If it is sought after by other buyers, Dun-slope your home will sell at the highest price possible for the market. The home you have selected may have some defects, yet meet your needs in many important ways. No home will be perfect. Dun-slope Your purchase decision should be given a careful evaluation and review with an eye toward resale. Many problems can be corrected or mitigated. Dun-slope With good design sense, you may be able to make the necessary decisions to improve the home, and perhaps do the work yourself. Or, Dun-slope you may be willing to get design help and use a builder for the work. Remodeling adds a level of risk and difficulty to your home purchase, but possibly, a higher level of satisfaction and monetary reward. If unusual easements or restrictions were not disclosed up front, Dun-slope you may not be aware of them until you see the survey and title work. If you discover these, I suggest that you take a step back, and consider whether you will accept an unusual easement or restriction on your use of the property. Dun-slope Some examples: neighbors may cross the property, house expansion is limited, or major pipelines are underground. A steep slope may make the grounds difficult to use and maintain. Yards that have been terraced or landscaped may be exceptions. Compare your property to the yards offered by competing homes. Buyers choose suburban neighborhoods for their concentration of single family homes, separated from commercial areas. This may not be a problem in more urban areas. Your home will have almost no street frontage, and there may be a building in front of your home. A flag lot in a country setting with a long driveway leading to a large tract may be an exception to the rule. In a subdivision of homes with road frontage, buyers will avoid this type of lot. Most buyers want a certain degree of privacy in the back yard. If the building behind your prospective home looks down on your backyard or into your family room, this will be a sales objection. This could be mitigated by trees or screening. Choose areas that show pride in ownership. However, if you see tear downs and new construction, then the neighborhood may be going through a renewal period, and may be a good risk. This may suit your needs, but keep in mind that your re-sale will be limited to this set of buyers. In most cities, areas that are closer to downtown tend to have a larger buyer pool than homes located in remote areas. However, you may choose to trade the privacy and setting of a country home with the resale potential. Has the home that you are considering been on the market a long time? Was the price simply set too high? Has the market been slow? Or, is there a problem with the house that you will need to correct? In an area where nearly all homes are on the golf course, or have a pool, or include a garage, buyers will tend to overlook homes that lack these features. In an area of mostly older buyers, a home with the master upstairs may have trouble selling. Look carefully at what is generally offered in a given area to the majority of buyers. Poor water drainage may be a serious and costly remediation problem. Talk with an expert about improving the drainage around the house, and evaluate any previous damage caused by flooding of the interior or water standing under the house. Be sure that you have all the facts on the table and an improvement plan ready. An incorrect application of stucco or other siding may have water damage or mold behind it. A mold infestation may be expensive to remove. Be prepared to document your repairs in order to show a future buyer that the problems have been completely solved. These issues tend to have some stigma attached.