The real estate market is constantly evolving, trends are changing, and new opportunities are constantly arising. Back in the day a potential buyer would simply explore a couple of homes that were up for sale, pick the one they liked best and go through the purchase process. In today’s modern world buyers have many different paths that they can take to homeownership. You can choose to buy an existing home, which is what most people choose to do. You can choose to buy a home that is need of some serious renovating, a fixer upper, and renovate it to either live in yourself or to re-sell for profit. You can find incredible new construction properties for sale, or you can choose to find the perfect plot of land in your ideal neighborhood and build you dream home from the ground up.
Before you start thinking about what type of property you’d like to buy, you should think about where you’d like to live. Approximately an hour away (41 miles) from College Station, TX you’ll find the charming small town of Rockdale. Life in this small town is quiet and peaceful and you’ll find that Rockdale real estate is highly affordable with the median cost of a home being around $102,700. This community is a wonderful place for someone who is looking to buy a big piece of land, build their dream home or renovate an existing property and tend to the land and take care of the property. Rockdale is very beautiful and there is lots of lush greenery and wildlife. If you are the type of person who enjoys a rural lifestyle you’ll enjoy living in Rockdale and buying land out here is a great investment because it is located close to shopping, a fine hospital and entertainment, but you’re still living in the beautiful countryside where you can enjoy your privacy. This small town has a long history and as you explore your surroundings, you’ll find that there are many historical landmarks and attractions to visit where you can learn more about the town’s beginnings and gain an appreciation for how well it has been preserved.
If the countryside is not your thing, then you should definitely explore the real estate for sale in College Station and Bryan, TX. Bryan-College Station is a vibrant, dynamic community that offers cultural diversity, entertainment, incredible job opportunities and an outstanding quality of life. The city’s largest employer is Texas A&M University, which plays a big role in shaping the environment and local traditions. The spirit of Aggieland is strong in the community and you’re sure to come upon exciting ceremonies, rituals and traditions no matter where you go. Bryan-College Station is a wonderful place to raise a family because of the low crime rates, affordable housing and the top-ranked school system. There are many wonderful communities where you can find incredible real estate for sale in College Station and Bryan, TX – whether you’re looking for a quaint condo or a luxurious estate overlooking a golf course, you’re sure to find exactly what you’re looking for.
Fixer Upper Homes
If you’re thinking of investing in a fixer upper property there’s a few things you need to know before you commit. A lot of people are choosing this route to homeownership because it allows you to save money, buy a home at a great deal and renovate the property to your unique preferences. The one thing you need to keep in mind is that improving a home and going through a big renovation can be very expensive and a big upfront cost. Pair this with a hefty down payment and you’re looking at really big costs at the start of your homeowner journey. A fixer upper requires a serious dedication of time and money, so you’ll need to plan wisely about how much you can afford for the down payment as well as your renovation costs. You may need to complete your renovation in different stages instead of trying to tackle it all at once. Spacing out projects will allow you to breathe and enjoy your work while also saving some money along the way.
Upgrading a property could also require new permits, especially if you are planning on adding additional rooms, a pool, square footage, etc. Getting building permits also takes time and money so you’ll need to have all of this in hand before you make any changes to the floor plan of your fixer upper.
Buying a fixer upper, especially if you buy it right can be a very worthwhile investment. The value of the home instantly skyrockets as soon as you begin making improvements, which is great for resale value should you choose to sell the property in the near or far future. One thing you’ll need to remember is that if you are buying a fixer upper property, you’re likely not going to be receiving any credits during the purchase process. You may not even have the opportunity to schedule a home inspection because a lot of these run-down, diamond in the rough properties are usually sold in as-is condition. This can be a big gamble because you never know what challenges you may come across as you begin putting work into the home – pipes in need of replacing, mold damage, termites, etc. This option is a great idea for a homebuyer who is looking for an older home and is ready to dedicate time and money to get the home of their dreams.
Buying New Construction
There is something that is very attractive about buying a new construction home, one that no one else has lived in before you. If you buy a new construction home before it is even completed, you may even have the opportunity to select some of the finishes and appliances to be installed, which almost makes it feel like a custom property created just for you. The best part of new construction homes is that everything is new – the floors, windows, roof – everything! This also means that everything that comes with the home is under warranty, which is really important. Big ticket appliances like your kitchen appliances, water heater, central air system and others are likely to be covered for several years under manufacturer warranty, which means you won’t have to spend crazy amounts of money on repairs for at least a few years. New construction homes are also created to be more efficient than older properties, which can translate into lower energy costs for you and ultimately more savings.
A few things to be aware of when buying new construction homes is that you still need to work with a professional home inspector before you complete a purchase, the location might not be as central as other neighborhoods and if you buy a property while it’s still in construction phase then there will probably be delays. Unfortunately, just because a home is new construction doesn’t mean that it’s absolutely perfect. You should still work with an experienced inspector who can make sure that everything was installed properly and is in working order before you complete the purchase. Many new construction homes are developed on open land, which means that they might a bit removed from a downtown or city center area. This isn’t really a big negative, unless it’s really important for you to be more centrally located. And lastly, new construction, like any other type of project, will likely encounter delays – but it’s worth the wait!
Buying Land for Development
If you choose to purchase vacant land, you’ll find that it is way cheaper than buying an existing home, a fixer upper or a new construction property. You will however recoup the cost once you start building on the land. Rockdale real estate has plenty of vacant land plots available for sale and these are the ideal options for someone who is looking to purchase a sizeable lot, build their dream house on it and enjoy the peaceful nature of country life away from the city. When you buy land for development you essentially have a blank canvas to do with as you please – your only limits are building and zoning codes, but once you get permits for the construction you want to complete then you’re free to do as you please. There’s no restrictions on architectural style, paint colors or how to build on your land. You also have to think about how quickly your property will appreciate in value, especially with every improvement you add on to it.
No matter what type of real estate you’re looking to purchase, our team would be thrilled to help you make the right decision and help you navigate the process with a smooth and seamless transaction. We can also recommend reliable resources whether you are looking for an experienced home inspector, plumber, general contractor, landscaping artist or other. There are many ways to become a homeowner and many wonderful places to buy real estate in Rockdale or Bryan-College Station. Please contact us if you have any questions, we look forward to working with you.