Select one of the frequently asked questions below to learn more about buying, selling, and renting real estate. Also, begin to think about important things to consider when diving into your real estate search.
Question about selling
Can a home depreciate in value?
Generally, real property never depreciates in value, or more so, it is not very common for property to depreciate. This is why it’s a great investment. Make sure you carefully consider location and community when choosing a home, it can effect the homes future value greatly.
If you are in a newly developed area, do some research on the construction of the surrounding areas being developed to determine if they may effect your homes value.
Is an older home as good a value as a new home?
This is really just a matter of preference, but both newer and older homes offer distinct advantages, depending upon your unique taste and lifestyle.
Older homes can generally cost less than new homes, however, there are many cases where new homes can also cost less then older homes. Most new homes will not have any backyard landscaping and some don”t include any front landscaping either. With an older home, the landscaping is normally already completed and could have 10”s of thousands of dollars in landscaping done, which is included in the purchase price.
Taxes on some older homes may also be lower. Some people are charmed by the elegance of an older home but shy away because they”re concerned about potential maintenance costs. Consider a home warranty to get the peace of mind you deserve. A good Home Warranty plan protects you against unexpected repairs on many home systems and appliances for a full year or more after you move in.
In a new house, you can pick your own color schemes, flooring, kitchen cabinets, appliances, custom wiring for TV”s, electrical, computers, phones and speakers, etc., as well as have more upgrade options. Modern features like media rooms, extra-large closets and extra-large bathrooms and tubs are also more attainable in ground-up construction. In a used home, you rely largely on the previous resident”s tastes and technological whims, unless you plan to farm thousands into a remodeling and rewiring.
New-home designers can use new building materials such as glazed Energy Star windows, thicker insulation and other technology that will lower future energy costs for the owner. Most states now have minimum energy-efficiency requirements for new construction. Kitchens and laundry areas in new homes are designed to house more efficient energy-saving appliances. Older homes, unless they have undergone an energy retrofit, usually cost much more per square foot to air-condition and heat.
Builders have to follow very strict guidelines in new-homes and additions, especially in the West and Northwest, where earthquake safety standards must be observed. In general, new homes are usually more fire-safe and better accommodating of new security and garage-door systems.
Older homes can be better judged for their quality and timeless beauty. New homes that now possess a smooth veneer might reveal the use of substandard building materials or shoddy workmanship over time.
As you can see there are advantages and dis-advantages to each, but it really comes down to what fits you and what you are looking for in a home.
What churches do you have in Merritt?
Crossroads Community Church
2990 Voght St, Merritt, BC V1K 1C8
(250) 378-2911 Map
Jehovah’s Witnesses Kingdom Hall
Sunset St, Merritt, BC
(250) 378-6343 Map
Merritt Baptist Church
2499 Coutlee Ave, Merritt, BC V1K 1B8
Phone: (250) 378-2464 Map
Nicola Valley Evangelical Free Church
1950 Maxwell Ave, Merritt, BC V1K 1L9
(250) 378-9502 Map
Sacred Heart Church
2302 JACKSON, Merritt, BC
Phone: (250) 378-2919 Map
Seventh-Day Adventist Church
2190 Granite Ave, Merritt, BC V0K 1Y0
2399-2399 Chapman GD, Merritt, BC V1K 1B7
(250) 378-2445 Map
United Church Of Canada-Trinity Church
1899 Quilchena Ave, Merritt, BC V1K 1A4
(250) 378-5735 Map
Local Businesses in Merritt?
Things to Do in Merritt and the Nicola Valley