If you’re thinking about buying your first house here in the Augusta area, congratulations! You are officially facing one of the biggest moments of your life head on! At Sanders Real Estate, we take pride in the fact that we know the ins and outs of the neighborhoods throughout Augusta and the surrounding CSRA. Additionally, we know the process of buying and selling real estate like the back of our hand. We want you to be steadfast and confident with your decision. So, below we have compiled a little bit of what you can expect during this process along with some stats for new home buyers.
What You’ll Be Able to Brag About
Buying your first home comes with a lot of bonuses… including bragging rights! According to the National Association of Realtors (NARS), there are quite a few “Great Reasons to Own a Home.” Let’s run through a few.
Long Term Investment
While there is nothing wrong with renting an apartment, home, or townhome, actually purchasing a home is much different. Investing in real estate allows you to build up equity through paying your mortgage each month. Thus, you will be creating a ready-made savings plan for yourself! You will also be able to deduct the interest that you pay on your mortgage, your property taxes, and a few other home buying costs from your taxes if you itemize your deductions.
Feel Good, Feel Stable!
Think back again to a time when maybe you lived in an apartment or were renting a house. Were you nervous about hanging decorations because you did not want to put holes in the walls? Did you hate the color of your living room but just had to deal with it? Well, say goodbye to those struggles, because your new home will be completely yours! You have the freedom to fully decorate, remodel, and upgrade anything and everything that you would like.
Another bonus that we hear from home buyers is stability. Since you aren’t locked in on a lease and are instead paying towards a mortgage, you are likely going to stay in the home you purchase for several years, at least. During this time, you’ll get to know your neighbors and you’ll be familiar with the ropes of your community. Let us tell you firsthand, there is no feeling in the world like being able to say that you feel stable in your household!
Stats for Nerds (And First Time Home Buyers)
If you feel like you’re lagging behind everyone else in the sense of being ready to purchase your first home, this is totally normal. But you don’t have to feel this way! In 2024, first-time home buyers only made up 24% of the market share. The median first-time buyer age was 38! And out of all the homes purchased in 2024, only 15% of those homes were new. Typically, 2024 home buyers took 10 weeks and around 7 home viewings before they found their perfect fit. (For more cool statistics from 2024, check out this page on the NARS website!)
We assure you that we can find something that fits you, your timeline, and your budget, even in everything going on around us today! Again, this is one of the biggest moments of your life. You want to make sure that nothing is missed and that you are getting the best deal. That’s what Sanders Real Estate is here for!
Reach Out, Let’s Get Coffee!
Our goal is to make your real estate journey as stress-free as possible. Whether you are buying your first home in the CSRA or selling your Augusta home, we want you to be able to brag about your long-term investment. More importantly, we want you to feel good about your end result. Let’s make this a team effort. Reach out to Nicole at (706) 220-2627 or nicole@nicolesandersrealty.com to schedule a meeting and get excited about your future!
