Shopping for La Paz and Los Cabos houses for sale is an exciting task to take on. It’s exciting to think about living close to the beach and several excellent shopping and dining options. Perhaps you’re interested in testing the market but don’t know where to begin or what you should be looking for. Here are some of the most important factors to keep in mind as you shop for a home in La Paz and Los Cabos.
1. The location
Another aspect that factors into location is your home's neighborhood. There are many things you can change about your home after you move in. The neighborhood isn’t one of them. Before you move forward and make a purchase on a home, you should make sure you feel comfortable about the area or the part of town where your home is located. Make sure there are key services such as grocery stores and fire stations nearby. You don’t want to have to travel 15 to 20 minutes into town every time you need a gallon of milk or a dozen eggs. If you get a chance to speak with the neighbors before you put in an offer on a home, you may have an additional opportunity to learn about the community and about the home itself. They may have insight to share with you about the previous owners and about how they cared for the home.
2. The current state of the market
Otherwise, you run the risk of losing out to a buyer who submits an offer more quickly than you. On the other hand, if market activity is down and demand isn’t as high, you may notice that homes are spending more time on the market. You may also see more homes that have had price drops in recent days or weeks. These are times when sellers may feel more motivated to accept offers further below their initial asking price. Your realtor will advise you on how to best move forward in each type of situation, depending on what is happening in the market on a local and national level.
3. The home’s resale value
You can also think about what sort of improvements or renovations you may make to the home. This will offer you another opportunity to increase the home’s value. In recent years, minor kitchen and bathroom renovations have been some of the top returners of the cost that homeowners spend to make them happen. Buyers also love to see additional energy-efficient features on La Paz and Los Cabos homes for sale.
4. The space in the home
This is an underestimated — yet still important — aspect of searching for a new home. You should think not only about how much space you need today but also about how much space you could require down the road. If you’re single right now, will you want to get married one day? Do you want to have enough space in your home to host guests? Make sure your home offers enough space to allow you to use your space in the way that you want, both now and in the future.