Let’s be honest: the Triangle is one of the best places to buy a home in the country. Thanks to the hot market, homes in the Raleigh, Durham, and Chapel Hill suburbs are well-worth your investment.
In fact, Niche.com rates the Raleigh area as the eleventh best city to buy a house in America, and in fact, Raleigh is so fantastic that Numbeo ranks it as having the third best quality of life in the entire world. In addition, the Triangle also offers fantastic job opportunities, with companies like Duke Health, IBM, and Cisco hiring great talent throughout the area.
Buying real estate in the Triangle area is a smart investment for your wallet and your future—here are some tips to make sure you do it right.
Evaluate the Market
While investing in real estate can be profitable, the market ebbs and flows due to many factors. Sometimes conditions favor buyers, while other times sellers have the upper hand.
Consult with an agent to find out how the market is doing. They are experts and will be able to help you make the choice that’s right for you. Whether you’re transitioning from renting to owning a home or are seeking a residential property to rent out, make sure you’re taking the right steps before you invest.
Create a Plan
Buying property is a process—there are necessary steps you have to take before you find what you’re looking for. You can help make this transition easier by planning your purchase in advance and discussing things with your agent. This way, everyone is on the same page and you have unified goals. Your agent can also guide you in the right direction if you do not have specifics in mind.
Create a timeline and outline your wants and needs in a property. Make sure to specify details, such as a specific home style or location. Planning your budget is also important; you can do this by checking out our mortgage calculator. For more ideas and information, check out our buyer’s page.
Explore the Neighborhoods
While many are familiar with the three main cities in the Triangle, examining the area’s many suburbs can be tricky. When buying real estate, determine which area is right for you before you start your search. If you’re looking for a larger suburb with its own greenway system and a thriving downtown, look no further than Cary. For a smaller town feel, maybe consider Fuquay-Varina or Holly Springs, which feature growth and hometown charm.
If you plan on commuting into Raleigh, Knightdale and Garner are both twenty minutes away from the city center. If you’re having trouble determining which area is right for you, check out our featured listings to see some of the best homes in each area.
Decide on the Right Type of Property
There are plenty of properties for sale in the Triangle suburbs, and this includes both land and houses. These both offer unique opportunities to buyers. For those looking for the perfect home, buying land allows you to build a custom home with a builder of your choice. To see some of our current land listings, click here!
If you’re interested in flipping a house, taking on a fixer upper, or finding a property to rent, it’s important to consider all aspects of the home. However, don’t get caught up in cosmetic issues if you intend to renovate.
Work with the Right Agent
Finding an agent you trust can make or break your buying experience. If the agent you’re working with doesn’t know the area or lacks the experience needed to help find the right property for you, you could end up making an investment you regret. Don’t make this mistake—before you pick an agent, shop around and ask questions.
A well-informed agent will be ready to answer your questions and is passionate about their area. They will have tons of tips and tricks at their fingertips to make buying a property easy. If we can make a recommendation, anyone on the Ann Milton team would be a fantastic choice. Our agents have your best interests at heart and are ready to help you find your dream property!
Ready to Invest in the Triangle’s Suburbs?
If you’re thinking of taking the leap and buying property in the Triangle’s suburbs, make the smart choice. It’s time to call Ann Milton Realty and make your goals a reality. Ann and her team are ready to work for you and find your ideal home.