Your Dream Home’s Needs and Quality

I saw this the other day and thought it was worth re-posting.  It asks some good questions…


By Andrew Hill @ www.newhomesource.com

Whether you plan on buying used, new, or even building, there are a number of things you need to check for in your new home. As you inspect your new home, keep in mind these two factors: does it meet my needs, not my wants & how is the quality?

Step one of your house hunting should be determining your needs and how much you can afford. Once you determine this, the next piece of the puzzle is determining how you want to spend your allotment. How many beds do you need? How big does the living room need to be? Sit down and determine the number of bedrooms, bathrooms, and an estimated amount of square feet you are considering, as well as any specific features you’d like, before stepping inside a house. Consider this your “must-have” list and hold yourself to looking only at homes within that range.

While touring homes, you should know be aware of yourself and know where the “heart” of your home will be. Is it the kitchen? The living room? Or even the patio? Wherever you plan on spending the most time, make sure it meets your requirements. For example, if a house with the perfect living space is on your “must-have” list, then don’t settle for a house with a fantastic kitchen if you can’t stand the living room. You’ll regret this decision very shortly. Home buying is very instinctual and when you find the home that meets your “must-haves” you must to treat it as if it won’t be there tomorrow- there’s a good chance it might not be!

Once you’ve narrowed down your choices to a few houses that meet your standards, you need to look at quality. This is a very effective way of weeding out houses if you are having trouble picking between two or three. Begin by inspecting house fixtures. Are the bath areas fitted with quality fixtures? Is your water heater electric or gas (gas being the much more efficient choice)? How is the pressure of the faucet and toilet? These are all questions you need to be asking yourself during the walk through. Make sure to pay attention to the quality of heating and insulation, as well as the attention to detail on hardware, paint, etc. The quality of exterior workmanship should also be a priority. When inspecting the outside, make sure to look at the state of the roof and drainage systems. You want to be sure that all of the runoff is directed away from your home.

As you begin your search for the perfect home just keep in mind needs & quality and the rest will fall into place.

RVA Affordability and Taxes

In this video I discuss the prices and local tax rates you should expect to find for typical suburban housing (e.g., 4-bedroom, 2.5-bath, 2 car garage) in the Richmond Virginia area including the surrounding counties.


Is it a Street or is it a Road?

Every once in a while, you see something that requires you to question how you think. I feel that way about this video.

It starts a little slow but after you get past the intro, you begin to see the importance of what he is saying. The part of the talk that got me thinking the most was when he began to point out the TRUE cost of infrastructure and how much of our country’s capital is going to maintain things we get no use from. It does make you wonder.

Spend a few minutes watching this and you will better understand that housing and city building are more related than anyone wants to admit.

Where Values Have Recovered

What The New Home Market Looks Like

As a Real Estate lifer, sometimes it is hard to turn off my need to know what is going on. I think people in every industry are that way…real estate, information technology, automobile…it doesn’t matter. When you are not working, you are still thinking and when you are bumping around on a random weekend with no particular agenda, you may sneak in a little market intel.

I was that guy on Sunday.

While killing time with one of my daughters (who I secretly hope will be an architect, so I am grooming her), I couldn’t help but to stop in several new subdivisions and check out some of the 2011 Parade of Homes entrants. I didn’t get to go out during the official 2011 Parade of Homes weekends so I decided this past weekend was the time. What I saw was very encouraging.

There has been a lot of change in the industry and I am finding that the changes were as I had hoped…builders have begun to build a nicer, but smarter, home. I saw ‘GREEN’ elements in almost all of them. Every single builder had incorporated some element of responsible design, from fully Earth Craft certified to simply doing a MUCH better job of blowing in insulation. I saw smaller footprints and finer finishes and in many cases, a noticeable LACK of pretentiousness.

It was refreshing.

I saw a much higher level of design diversity within the neighborhoods, too. The shapes and sizes and fronts and materials were all QUITE different from house to house. It appears (at least for the time being) that the days of the subdivision where you got to choose from either white, off white or beige vinyl on the exterior are gone. I saw brick, Hardiplank, stone and cedar. I saw Craftsman, Colonial, Tudor and Contemporary influences on the exterior. I saw designs that were narrow and deeper to create a better sense of space between houses.

I also saw a lot of SOLD signs and that is something that was really good to see.