What Home Buyers Miss - Mike Bolger
"Serving Knowledge of Kitchener-Waterloo Real Estate Homes, Resale Properties, Buying & Selling & Investments For Sale"
Bones Before Lipstick
Time & time again I witness eager buyers ready to buy their dream home flock into a desired home, spring right for the kitchen, master bedroom or the bathroom to see if what they’re considering buying is worth it?
With my background experience as a trades person and diploma in Renovation Technician/Business I always make sure my buyers are checking the mechanical and structure “The Bones” of the home are sound first before considering to purchase their home based on the “The Lipstick” Kitchen, master bedroom or bathrooms.
“The Bones” of the home is the number factor buyers should base the purchase of a home on and then consider if the added upgrades of an updated Kitchen, master bedroom or bathroom are worth spending the extra money on the home based on a comprehensive comparative market analysis (CMA)
What is a comparative market analysis?
A comparative market analysis (CMA) is an evaluation of similar, recently sold homes (called comparables) that are near a home intended to be bought or sold. Comparative market analyses establish the current market value of the home and are prepared by real estate agents. A comparative market analysis is not the same as an appraisal, which is performed by a licensed appraiser.
The bones of a structure consist of the most important parts of the home such as the build materials and structure (Foundation, R-value & Studding) along with the mechanical elements (furnace A/C water systems- supply & drainage)
I would love to work with you as your one stop trusted source to find you your new dream home that will protect what is most likely the biggest investment of your life. “Trust a realtor that brings more to the table!”
MORE ARTICLESKitchener-Waterloo Real Estate Market Update October 2019 Real Estate Update October 2019 Investing in Airbnb Real Estate in the Waterloo Region Kitchener-Waterloo Real Estate Market Update September 2019 Real Estate Update September 2019 What Qualifies as a Dream Neighborhood Kitchener-Waterloo Real Estate Market Update August 2019 Real Estate Update August 2019 Kitchener-Waterloo Real Estate Market Update July 2019 Flipping Properties for Profit in Canada 2019