Look for Potential

Published on 08/23/04
By Lewis J. Corcoran - Realtor-Associate - Weichert, Realtors

Look for Potential

When you're in the market for a new home, you probably have some idea of just what that home should look like. But it's important to keep in mind that a home that isn't in pristine condition may still have great potential.

Here are some tips to help you look beyond bad decorating and ugly wallpaper to see a potential jewel:

* Floor plan
The floor plan is extremely important. Look at entrances, exits and where the rooms are located. Think about the flow of traffic in and around your home. A good floor plan is worth a lot, especially when you look at the cost of changing it.

* Walls & Floors
Walls and floor coverings make an important first impression. Paint is relatively inexpensive, so try to see the walls in the colors you would choose. Carpets can be removed and replaced, hardwoods can be refinished and vinyl floor coverings are not that expensive.

* Kitchen
The kitchen is usually the most popular room in a home. Paint and new appliances can make a big difference if you don't like what's there now. The most important thing to consider is whether or not it has enough space to suit your needs.

Keep in mind that unless you're building your dream home, you will probably never find the "perfect" home. So before you make an offer, keep in mind what you can't live without and what you can improve upon with some well-placed upgrades and improvements.

Owner's Tip:

If the exterior of the home doesn't have a great deal of curb appeal, imagine the house with a fresh coat of paint and new landscaping.

Owner's Tip:

If the house is cluttered and not as clean as you would like, remember that the mess will leave with the current owners and professional cleaning is always an option.