How Much Overlap Exists In Your Home Search Criteria

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How Much Overlap Exists In Your Home Search Criteria
By Scott Rogers • September 11, 2018 Filed In: buying
If you have three non-negotiable home search criteria, it is important to reflect on (or at least be aware of) how much overlap exists between these criteria. Above are two examples of this way of thinking about your home search.... The first set of buyers will likely have lots of options (large yellow overlap area) because many homes in the City have three bedrooms and are under $300K. The second set of buyers will likely have very few options (small yellow overlap area) because there are very few homes that somehow offer privacy AND amazing views and happen to have a formal dining room. These are fictitious illustrations -- they don't represent the actual amount of overlap that does or does not exist based on the criteria noted above -- but you should give some thought to how small of an overlap area you are creating for yourself based on what you are defining as non-negotiable in your home search. If that area is too small, you'll have very few options to consider, and eventually you may decide to flex a bit on a non-negotiable point. Receive updates from HarrisonburgHousingToday.com via e-mail: Enter your e-mail address: Recent Articles: Making Harrisonburg A Place Young Alums Can Call Home For Decades Local Real Estate Market Holds Steady in January 2019 Selling A Property Occupied By A Tenant Should I Wait For A Better House To Come On The Market? Harrisonburg, The City With The Planned Future, Plans Their Future Do Trees Obscure The Front Of Your House? It Is Hard To Find a City Home Under $200K These Days Will Single Family Home Sales Ever Return to 2016 Peak? What Would It Take For New Construction (For Sale) Housing To Be Built, At Scale, In or Around Harrisonburg What To Do If Someone Knocks On Your Front Door When Your House Is Listed For Sale
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Feb 18, 2019 (unless otherwise noted).
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