If you are thinking of buying a Metro Detroit home on a busy road then here are some tips and advice on what to expect. Thousands and thousands of people live on main roads throughout Southeastern Michigan. A home on a busy road is not bad. It is more about whether the house fits you and whether you like it. So let’s explore the in’s and out’s of buying a home in Southeastern Michigan.
The biggest thing you should know is that a home on a busy road is worth less than the same home off a busy road. So if your home is on a busy road it will be worth less than a home in a nearby subdivision. That is the biggest point I want to make to a buyer. The home you are looking at on a main drag should be priced less than similar sized homes in the nearby area. Your realtor will be able to check out the recent solds to confirm the price is less that other homes nearby.
The second item you want to know about if you buy a home on a busy road is that it will be harder to sell in the future. The reason is that some buyers will not buy a home on the road because it is noisy. They may like to entertain outside and may not want to deal with the traffic noise. The second reason people do not want to buy on a main road is they don’t want to deal with trying to get out of the driveway. The third reason is the buyer may be afraid of their children or pets running out onto the road.
So when you go to sell some people may not even come to your home because they know it is on a busy road. They probably fall in one of the three categories above. Less demand lower sold price. That makes it a little harder to sell, but it will sell. What I don’t want you to think that you are buying a deal because the busy road home is under market value. It most like will be the same way when you sell.
However if you like the house and want it …..go for it.
I hope this article gives you a little more insite on buying a home. Feel free to call or text me if you are looking to buy your next home.
Russ Ravary your local metro Detroit realtor
“making your next move easier”
Here are three articles I wrote in the past about Metro Detroit real estate