O’Connell Team's Blog
201 Thorndike St, Lowell, MA 01852
The location of the homes you’re looking at in your search is key. You probably have at least a couple of cities and towns narrowed down, but do you know specifics? Is there a particular neighborhood that you would prefer to live in? The street that you choose to live on will also have a lot to do with the way that you conduct your life. If you live on the main road, for example, you’ll face a lot of noise and traffic. If you have kids, that may not be the ideal situation. There’s many reasons that living on a dead end street is the ideal situation. Be on the lookout for homes on cul-de-sacs and dead end streets in your home search. Read on to see the many advantages of living on a street that’s not a throughway.
The Traffic Is Significantly Less
There are very few cars that head down a street that’s not a throughway. No one will be using your street as a shortcut. This makes it much safer for children to play outside and it reduces noise in the neighborhood.
There’s A Sense Of Security
Since there isn’t a lot of traffic on a dead-end street, it‘s easy to identify strange cars that are lurking around. The people in your neighborhood will all be more alert to any kind of unusual activity on the street. This allows for a more secure feeling in your own backyard.
A Dead End Street Is A Great Place To Raise Kids
Your kids will have a bit more freedom to play and be kids when you live on a dead end street. There’s less traffic to worry about while the kids play, yet you have a great opportunity to teach your kids about traffic safety rules and how to act around strangers. Your children will also become close with other children in the neighborhood. The adults who live in your neighborhood will become acquainted with your children as well. You’ll definitely appreciate a tight-knit community if you have kids.
Your Property Value Will Stay High
It’s hard to say that a home on a dead end street will decrease in value. With a strong community sense and safety perks, these homes will be in demand. When you do decide to sell your home, you’re sure to get a good return on your property investment if you choose a home on a dead end street.
There is always an undeniable appeal to move into a brand new home. After all, there shouldn’t be any problems with a new construction home, right? While shiny new appliances and brand new flooring can be appealing, there are many advantages to buying an older home.
It may seem obvious, but older homes are less expensive than newer homes. You might be able to get a bit more for your money if you decide to buy an older home.
Older homes tend to have a bit better quality in their construction. Some aspects of older construction homes cannot even be reproduced with all of the technology that we have in the present day. It’s often true that “they don’t build homes like they used to.” Certain building materials of the past are actually more sturdy than the materials that are used in the present day. Older homes have stood the test of time for a reason!
The Location Is An Established Neighborhood
If you’re not looking to move into an up and coming neighborhood, you could be better off buying an older construction home. You’ll know that a neighborhood has already been established and that people have enjoyed living in the area for years before you got there when you find an older home to purchase. In finding a neighborhood, you’ll look at the important factors like the school district, the walkability of the area and the crime rate. Older homes tend to be in more stable areas. Keep that in mind.
Older Homes Have More Personality
Sure, you could move into a street with new construction and be happy there. Yet, if you move into an older home, you will find a lot of advantages. The landscaping may be more well-established, allowing you to find your favorite features on the outside of the home right when you move in. In a new home, it could take years to establish the same type of curb appeal that you’ll get from moving into an older home.
There’s More Space In An Older Home
An older home may afford you much more yard space and overall square footage. As the world gets more and more developed, space runs short. Older homes were constructed at times when space was at a maximum. These homes were built on larger lots, giving homeowners the advantage of more space.
While you may think that buying a new construction home is the way to go, older homes offer many different things that newer construction homes just can’t bring to the table. Broaden your search and look for older homes, you could be very surprised!
When you have an indoor pool, you don’t have to wait for the weather to cooperate in order to go swimming. Indoor pools offer a convenient way to swim for exercise or relaxation whenever you want. These pools can also add even more luxury to your home with the right features and design. Whether you’re thinking about installing a lap pool for working out or an elegant pool for unwinding, use these tips to help you decide on an ideal design.
Size and Shape
Your pool should be large enough to fit your needs, whether you’ll be the only one mainly using it or you have family or friends who will be using it as well. When it comes to shape, you can go with a traditional, rectangular design, which works well for a lap pool. If your pool is mostly for relaxation, you can choose from a wide range of shapes, including freeform shapes that are visually striking or an elegant oval or kidney-shaped option.
Owning an indoor pool means you can swim anytime during the year, but you’ll need good lighting sources if you plan to use it at night. Standard room lighting won’t provide the illumination you need for safe swimming. Installing underwater lights, wall sconces or lights along the edges of your pool area are all options for ensuring that you can swim safely when it’s dark out. Keep in mind that lighting also helps create a specific ambiance for your indoor pool. Consider colored lights for visual appeal or softer, white lighting for a more elegant look.
Retractable Roof and Skylights
If you're looking for an option that combines the inside with the outside, consider adding a retractable roof to the area. This type of roof can open and close as needed so that your indoor pool area can have more ventilation and natural light. Skylights are another option to consider when you want to feel like you’re outside while swimming. Skylights allow natural sunlight to seep into your indoor pool area and provide stunning starlight views at night.
The addition of water features can give indoor pools a more relaxing or exciting appearance, depending on your preferences. Add gushers or fountains as an elaborate visual display, or have a waterfall added to create a more natural and soothing swimming environment. Water jets with colored lighting can add a dramatic visual effect to your pool’s appearance.
If you’re exploring your options for a new luxury home, contact us today.
When financing a home purchase, one of the most basic decisions to make is where to get your mortgage from. The basic options are whether you should go to a mortgage lender or not. Financing with a mortgage lender has both pros and cons.
Pro: Many Loan Options
If you go to a mortgage lender, you’ll find that they offer a great amount of choices. These are essentially brokers for various underwriting companies, and they offer many loan options. You’ll also have a wide variety of mortgage setups to choose from. Whether you want a 15-, 30- or 40-year fixed or some sort of variable loan, you can likely find it through a lender.
Pro: Might Be Able to Negotiate
The choices that mortgage lenders provide sometimes make it possible to negotiate with potential lenders. If you can pit multiple lenders against each other, you might be able to get a lower interest rate or complimentary points on your loan. A lender might even try to negotiate on your behalf.
Pro: Knowledgeable Guidance
At a mortgage lender, you’ll work with a loan officer whose sole job is to help homeowners find mortgages. They’ll be knowledgeable and able to provide you with informed guidance throughout the loan application and selection process.
Con: Might Not Be Local
Should you shop loans with a mortgage lender, it might not be someone local to your area who’s providing assistance. Often mortgage lenders service people across a state and even maybe in multiple states. As a result, there’s a good chance you won’t ever meet them in person.
Con: Might Sell Your Loan
Ultimately, mortgage lenders are in the business of underwriting and managing mortgages -- and that’s not necessarily the customer service business. If a lender deems it financially prudent to, they’ll sell your loan to another lender. Not only will you not deal with the same person or office, but you might not even deal with the same company down the road. Since mortgages last many years, there’s a chance yours could be sold multiple times.
Finding a Mortgage is a Personal Choice
A mortgage lender may be a good option if you’re looking for a great deal on a home loan, but they don’t offer a personal touch. If you want someone in your area and prioritize personal service, a credit union or other more local institution might be a better alternative for you. The decision to go through a mortgage lender or another place ultimately depends on what type of experience you want.