There are many things that should be considered when buying a home. Since most homebuyers expect to buy a bigger and better home someday in the future, resale value is an important factor in decision-making. You use the proceeds from selling one home to buy the next one.   When you put up your Michigan home for sale you want it to appeal to the broadest base of buyers as possible.  That way it will sell quicker.

While no one can guarantee that your home will grow in value, there are steps you can take that maximize your potential gain.

Location, Location, Location?

"Location, location, location," is one of the most important items for resale.  there are items and things that add to the value of a home, and items and things that detract from the value of a home.

The idea is to buy a house that will appeal to the largest number of potential future homebuyers. A careful choice of location can minimize potential negative influences on future resale value, and maximize positive influences.

Focusing on resale value requires you to make several different "location" choices. The first choice you have to make is "which city" and then within the city " which subdivision" or "what area".  Items such as nearby roads, noise, commercial properties, and maintenance of the neighborhood all affect value because of the location of the home.

Other items that affect value are

Homes with Basements sell better than ones on crawl spaces, or slabs
2 bedroom homes limit you to buyers with only one child or a single person.
A swimming pool limits the "buyer pool"  
An odd room layout will limit the "buyer pool" and resale 

You want to be able to sell that Wayne County Home to buy a bigger and better Michigan Home whether it is an Oakland County Home, Livingston County Home, or Washtenaw County home.