Friday, March 14, 2008

What are your housing needs and wants?

Over the last 5 days 80 new residential listings were input onto the MLS system in Gallatin and Park Counties. These homes range in price from a mobile in Manhattan listed for $39,900 to a $2,950,000 home in Bridger Canyon.

With a lot to choose from, it's important to narrow your search. I ask each of my clients to think carefully about what they want, how many bedrooms, bathrooms, what are their living space requirements, where do they work in relationship to where they want to live, and what type of lifestyle do they wish to have. A home in downtown Bozeman offers a very different lifestyle than one on 5 acres or a home located in one of Bozeman's newer communities, such as Harvest Creek. Even the newer communities differ considerably.

When buying a home it is also important to consider your 2-year and 5-year plan. While plans change it is vitally important to keep this in mind as you shop. If you're looking for a 2-year investment before upgrading, appreciation and resale is likely top on your mind. If, on the other hand, you're looking for your home for the next 20 years, lifestyle will be very important.

Ask your Realtor to work with you through these decisions. A home is a wonderful investment, but it is large purchase. Spending time to work through these issues beforehand is vital.

If you have questions, send me an e-mail! Connie@BozemanMontanaProperties.com

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