How To Analyze Real Estate Listings When Trying To Find A House To Buy

Real Estate Blog

The Internet is great for many reasons, but it can be extremely helpful for people who are ready to buy a house. With the Internet, you can scroll through real estate listings to help you understand the price of homes, what types of homes are available, and the features these homes offer. If you want to make the most of these listings, here are some tips to help you analyze them as you begin shopping for a house to buy.

Search Through the MLS

There are several websites that offer the MLS database, which is a huge compilation of homes for sale through real estate agencies. Through this, you can narrow down your search by using filters. Here are some of the filter you can apply:

  • Location – One of the first things you will want to filter by is location, and you can narrow this down to the town or zip code.
  • Price – Most people shop for homes based on price, and the filters allow you to input minimum and maximum prices.
  • Number of bedrooms and bathrooms – You can also filter through homes by the number of bedrooms and bathrooms.
  • Basement – If you want a basement or do not want a basement, it's often possible to filter this too.

These are some of the main things you may want to filter in order to find homes that suit your needs and budget.

View the Pictures

The next thing you can do as you search for homes to view is look at the pictures on the listings. Almost every home listed for sale will include pictures. There will likely be pictures of the outside of the house, including the back yard, and pictures of the inside of the home.

By looking at the pictures, you can get a good idea about the condition of the inside of the home. You can see if the home was maintained and if it has a modern kitchen and bathrooms. You may also be able to get an idea about the sizes of the rooms. Most of the homes you see for sale will have someone living in them, which means the pictures will include furniture, and this can help you grasp how big the rooms are as you look through pictures.

Read the Details

You should also take time to read all the details about the homes you are interested in. This can help you filter out homes that do not really meet your needs, and it can help you gain even more interest in the homes that appear to meet your needs. Here are some of the details you should look for as you read the listings:

  • HVAC system – The listings will tell you if the home has central air conditioning and what type of heating system and energy the home has.
  • Property taxes – Most listings also state the current rate for property taxes. This is good for budgeting purposes, and simply so that you know how much you would have to pay if you purchased a home.
  • Sales of the house – You can also find information about the sales on the house. For example, many listings will tell you the date in which the house last sold along with the price.
  • Features – A lot of listings also include the features the homes offer, and this is nice just to grasp a better idea of what the house has to offer.

If you are in the market to buy a house, a good place to start is looking at real estate listings. If you are ready to begin shopping for a house, contact a real estate agent for assistance.

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21 September 2017

Sarah's Renting Tips

Although I've never worked professionally in the real estate business, I sure know my way around it. How, do you ask? Well, I have simply rented a lot of different places and worked with a lot of different landlords and real estate agents. In the past 7 years I've lived in 11 different houses or apartments, none of them my own. In finding those 11, I have looked at literally hundreds of apartments. I used to hate house hunting, but now it's kind of fun. You just need to know what you want and the right questions to ask. Hopefully this blog can help you learn some of the tricks of the trade from another renter like yourself.