Purchasing a house is a significant investment, and finding out you bought one that was overpriced or has underlying issues can quickly be a burden. There are several signs that determine value, according to JoAnn Meier at RE/MAX First Choice in Waterloo, IL, and industry and personal standards should be met if you want to buy a house. This will let you know a home is worth buying and ensure you get the most from your investment.

4 Signs a Home Is Worth Buying

1. Has Positive Inspection Results

A property inspection is crucial when you plan to buy a house. It provides insight into electrical, plumbing, and other home systems, as well as proves there aren’t any structural or foundation issues. A positive assessment provides the peace of mind you need to make a purchase and lets you know a home is worth buying.

2. Needs Moderate Maintenance

Whether it’s ongoing upkeep or fixing existing property or in-home problems, you want to buy a house that won’t require extensive maintenance. Massive landscaping costs, frequent property care, and any fees related to maintaining amenities, like a pool, might not be worth the trouble, so decide if you’re willing to spend costs on upkeep for the foreseeable future.

3. Has Low Property Taxes

Property taxes are determined by taking an assumed value of your home and multiplying it by a local tax. In many cases, homes are overassessed. This leads to unnecessary spending after you buy a house and should be a major consideration when looking at homes for sale. Pay attention to local tax rates and have a home appraiser give you the market value of your property.

4. Meets Your Criteria

At the end of the day, you want to purchase your dream home and should never settle. While you’ll inevitably need to make some sacrifices, ensure it has all of the bedrooms, social or outdoor spaces, and other key features that are important to keeping you and your family happy.

If you’re ready to sell or buy a house, turn to RE/MAX First Choice. Real estate agent JoAnn Meier has over 30 years of experience and is committed to ensuring clients find the best deal and get the highest return on their investment. Call (618) 939-6003 today to schedule a consultation, and visit her website to view the current listings.