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Welcome to our November Market Focus newsletter and the official start of the Holiday Season! In this month’s issue, we have included the latest sales statistics from Dataquick-always a good source for you to monitor the changing market. As I mentioned before, the Holiday's are approaching so we have included a list of the San Diego Holiday celebrations in and around town. Finally, buyers have the opportunity to really research what and where they buy so we have included a timely article on why it is important for a buyer to consider buying a larger home now rather than risk expanding later and not understanding zoning laws or how the home value may be affected by a remodel later. Happy Thanksgiving!
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Buying To Expand Can Be Tricky
It may be better to buy the square footage you need in a neighborhood of larger homes rather than buying into a neighborhood of smaller homes with plans to build up or out.
At the very least, if you decide to shop for a home you want to expand, also shop for zoning laws that will allow it.
The purchase money you save up front on a smaller home may not be worth the headache that could come later from building restrictions and market conditions that leave you with a home that doesn't fit.
Shifting cash into major home improvements can have a triple payoff -- the work will likely increase the value of your home, boost your net worth and improve your quality of life, especially if you need room for an expanding family.
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