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Which house to buy?

December 2, 2009

We asked the REALTORS® at Atlanta Fine Homes Sotheby’s International Realty their opinion on the following scenario regarding which house the buyer should buy.

Question: You are working with clients who are going to take advantage of the move up buyer tax credit. After searching a couple of parts of town, they have narrowed their search to three choices.

It’s a close call…which home do you think they should purchase?

47% – An okay home in an okay neighborhood that is in a GREAT school district. The home is at the bottom of their price range and suits their needs.

44% – A good home in a GREAT neighborhood in an ideal school district. The lot is the first one in the subdivision and the brick-walled backyard is on a very busy main road. The home is at the top of their price point. For the neighborhood, it’s considered to be a very good deal.

8% – A GREAT home in a decent neighborhood, but the school system isn’t the best. The home suits their needs in every way, and is in the top of their price point. The home is one of the more expensive homes in the subdivision.

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