If you’re a buyer who is moving to our area in Charleston for a set period of time, maybe a few years, what’s the best short-term home purchase you can make? We’re going to explore that today.
If you’re buying a home that you know you’ll only have for two to three years, you need to consult our “buyer funnel” which is pictured at 1:10 in the video above. For a short-term buyer, you’re going to want to zero in on a home that appeals to the most buyers possible.
The No. 1 resale factor is a one-story home. The least desirable resale factor is a split-level home.
Another thing to look at is the price of the home. Homes that are less expensive, or the least expensive in a particular neighborhood, are going to appeal to the most number of buyers as well. The most expensive home certainly won’t.
“Older homes are appealing here in Charleston, just not to short-term buyers.”
The next thing we’re going to look at is upgrades. Most buyers will want a completely upgraded home, while the fewest number of buyers want homes with only a few upgrades.
Finally, homes that are new construction or newer always tend to resell better. Older homes are appealing to some, especially here in Charleston, but they’re not as appealing to short-term buyers.
If you want to make your home re-sale proof, you want to buy something that is one-story, inexpensive, completely upgraded, and new. That will get you the most buyers when it comes time to sell.
If you have any other questions for me about buying a short-term home or about anything else related to real estate, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.