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: Can You Be Out Of Your House in 35 Days? Is Overbuilding Occurring In Harrisonburg That Will Affect Buyers Of Investment Properties How Your Heat Pump Is Like Your Toenail What Is This Property Worth To You, Most People, The Theoretical Buyer Do Home Sales in Massanutten Resort Increase In The Fall Just Because Major Home Renovations Are Possible Does Not Mean They Are Advisable A Middle Aged Roof Will Cause You The Least Stress When Selling Your Home Preparing for Rain, Rain, Rain, Rain, Rain, Rain! Local Housing Market Cools, Slightly, in August 2018
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 Sep 23, 2018 (unless otherwise noted).
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