Archive for June 22, 2017

Finding the Right Spot for Your Dream House

a couple dreaming about lots for sale and their future homeAs a kid, you knew treasure was always marked with an X. Locating the X was simple, but getting to the X was hard. As an adult, it’s the opposite. To get where you need to go, you just hop in your car, step on the gas, and pray the police officer you just passed doesn’t pull you over for speeding. There are no treacherous jungles or fiery beasts you need to get through before getting your treasure; just a few red lights. But when it comes to finding the right place to build your dream home, you know navigating the various lots for sale around the city and choosing the best one for you and your family won’t come with an X on a treasure map. But just like the trusty sidekick in all the pirate movies, Palo Verde Homes is here to help! We have multiple lots for sale across the El Paso area, so you’ll be sure to find the one that’s right for you. Here are a few extra tips on how to do so.

Tip #1: Where is the Lot Located?

Driving around El Paso, you’ll probably see a couple dozen lots for sale, so it’s no surprise one of the biggest determinants will be location. Picking the best one for you will depend on your situation. For one, is it just you or do you have a family? If you have a family, finding a spot near good schools, parks, and multipurpose centers will be best for you. But if you’re rocking the bachelor/bachelorette life, finding one in the heart of El Paso’s night scene may be the way to go. Other determinants like where you work, go to school, or visit often can also come into play. Doing this will help you narrow down a side of town at the very least.

Tip #2: What is Your Budget?

While everyone dreams of having a butler and an infinity pool, your wallet may be telling you that those luxuries will have to come later. It is cheaper to live in some parts of town than others, so that can also help you narrow down a general location to look for lots for sale.

Tip #3: What Size Do You Need?

 

This is also circumstantial advice and will depend on the size of your family and how big of a house you’ll need. If you have six kids and hope for each one to have their own bedroom, as they say in “Jaws,” you’re going to need a bigger boat (lot). But if you have a small family or don’t mind pairing your children off in rooms, a smaller lot will do. It’ll depend on what size yard and driveway you’ll need as well.

Tip #4: Contact Palo Verde Homes

If you’re looking for a good place to build your future home, check out our lots for sale! We have lots all over the El Paso area and can help you find the best one to take the next step in your and your family’s journey!

Important Things to Check When Viewing New Properties

new properties available from Palo Verde HomrdWhether you are a first-time buyer or an experienced buyer, looking at new properties is a big deal. Excitement levels and emotions run high and often cause important things to be overlooked when walking through a home. This is especially true if it is a brand new, never-before-lived-in a home. Before you hand over the down payment, take some time to make sure you are truly getting your dream home.

Check the Location of New Properties

The most important factor when looking at new properties on which to build a home is its location. This includes the distance between it and the neighboring homes and the nearest main road, as well as the distance from the property to the town’s amenities like shopping, dining, markets, warehouses, transport hubs, and freeways. 

You need to find out about the ownership, type and intended usage of neighboring areas, as well as the free land in the locality. Additionally, you should also inquire about the school district, even if you do not have or plan on having children as this will affect whether or not the home will hold its value. Finally, you should also ask where the home will be located on the new property and which way it will face. This will help with energy efficiency.

Costs of New Properties

You need to go beyond the cost of the home itself and find out about the additional fees that you will need to pay. This includes taxes, homeowner’s association fees, and estimated utility costs. This will help you determine exactly how much you can afford as a mortgage payment each month. Keep in mind that these things fluctuate so you may want to look at a two-year cash flow estimate before coming to a conclusion. You should also look into recent comparable sales of properties with similar characteristics in the area including the most common and suitable for both old and new properties and the expected depreciation on the new home.

If you are looking at new properties in El Paso, be sure to include Palo Verde Homes in your search. Contact us today to learn more about what we have to offer!