3 Regrets Homeowners Should Not Carry Into 2018

As we prepare to welcome 2018, we reflect on the highs and lows that occurred this year.

What were your triumphs? Any regrets?

More than half of homeowners are feeling remorseful this year. In a Trulia survey, 51% reported they have regrets about their current home.

Their top three sorrows?

If you can relate to any of these sentiments, we feel you. The Knock team is outlining what you can do to make sure your next home does not feel like a great mistake. Read on.

1. How to choose the perfectly-sized home.

While 9% of homeowners feel they purchased a home that’s way too large, 33% feel they need to size up.

One of the most important things homeowners must account for is a potential change in household size. If you’re planning on having children or taking in an elderly relative, you’re going to need more space in the long run. On the other hand, it’s important to remember that the larger the house, the higher the maintenance costs.

It’s difficult to predict what the future holds, but buying a home with a spare bedroom or a den area might be the safest bet.

2. How to get all the information you need before buying your next home.

Buying a home is a purchase that’s often driven by emotions. In situations like these, it’s easy to let our feelings cloud our judgments and we forget to ask important questions.

Is the attic insulated enough? Have any pipes burst in the house recently? Does your pick-up truck fit in the garage? Check out these 11 important questions to ask before sealing the deal.

Make sure you’re working with a rockstar team that will have your back – and will put your success above making a quick commission.

3. How to ensure you’re remodeling effectively.

We all love watching Chip and Joanna change the game on “Fixer Upper,” but that lifestyle isn’t feasible for most of us.

Source: Giphy

So, before your buy next home, calculate how much you’ll spend on repairs vs. buying a home that needs less work. Most times, it just isn’t worth it to take on a cheaper house that needs tons of repairs.

The Knock team has a solid strategy to make sure every buyer gets their new home remodeled effectively. You can learn more about it here.

Start searching for your new beginning

If you’re rounding out 2017 as a homeowner with a big regret, no worries. The Knock team has dedicated strategies to ensure that every homebuyer ends up happy in their new home. Interested in learning more? Submit your current home for a free price offer.

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