When you find yourself in the market for a new home in a master-planned community, the number of homes for sale can make the process overwhelming.
While the right real estate agent can help settle some of your questions, the reality is that you, ultimately, are the one who must answer the question about which home is best for your needs.
Here are three things to consider when choosing a home in a master-planned community:
1. Location is the Top Reason for Home Buyers to Move into a Master Planned Community
It may be an over-used adage, but location in real estate is critical, as Fox points out. Choose a location near:
- Schools you like
- Your place of employment
- Places you enjoy visiting
- Shopping options
Your needs will be different than other buyers, so concede them carefully and narrow down a location that will meet those needs.
2. Master Planned Community Schools Are Usually Top-notch
Schools are essential for most home buyers, not just those with kids.
Good schools are a resale point, driving up home values.
The good news is that most schools in master-planned communities have high ratings, but consider whether the neighborhood school will impact the potential resale value of your home or provide the quality education your children demand right now.
3. Resale Value is Generally Higher for a Home in a Master Planned Community
While you are likely not considering selling your home right now, you don’t know what the future will bring.
Most people will, at some point, end up listing their master-planned community homes for sale. The wise home buyer will consider the potential resale value of any piece of real estate.
Homes that outshine the neighborhood they are built in or that have strange characteristics can be more complex to sell in the future. Make sure you purchase a home that you can sell should the need arise.
Drive through at different times of day to see traffic patterns and the activities of the neighbors, and give yourself a clear understanding of what living in the community feels like.
Knowing if you feel “at home” in your master-planned community will only take a few trips.