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Inside Real Estate: An Inside Look Into Real Estate

Huntsville

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Huntsville New Home
Huntsville, Alabama (AL)

Established in the early 1800s, Huntsville remained a small town until the onset of World War II when it was chosen as the site of several military manufacturing plants. Today it is one of the most recognized cities in the South and is consistently named as one of the best places to live and work.

Huntsville, Alabama is a moderately-sized town in the northern part of the state, and home to Redstone Arsenal Army Base and the NASA Space Center. These features make Huntsville a great place to raise a family or to begin or continue a career in science or technology. Read on to find out more about how to purchase a Huntsville new home—you may consider this city for your next move.

 

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Quick Stats for Huntsville specific information
Population 158,216Median Age 36.7 yrsHousehold Size: 2.29
Avg Home Value: $97,300July High: 89.7°FJanuary Low: 29.9°F
 

Huntsville New Home

Buying a Huntsville new home can be a fairly easy task, especially if you know the right steps to take. Since the main reasons why people move to the city are school or work-related (due to Huntsville’s three major colleges and prominent technology companies), you may want to find a home that is relatively close to where you work, which is quite possible, since Huntsville is not a very large town.

Huntsville real estate and community:

A new home in Huntsville usually runs about $150,000, but prices range from $30,000 to $3,000,000. There are a variety of existing house styles to choose from, including condominiums, duplexes, and even gated communities. Luckily, there are qualified real estate agents in the city who are knowledgeable about each type of home. Another way you can purchase a Huntsville new home is to build one from the ground up, an option that is becoming much more common in the area. Custom home building prices range from $70,000 to $4,000,000, so they are generally more expensive than a resale house. However, the positive side to this is that you can design your own home with original architecture (or combinations of architecture). But, buying a resale home in Huntsville will allow you to choose from an assortment of fairly new homes that are in good condition; most homes in the area were built during the 1970s or 1980s, and have three or more bedrooms.

Searching online listings:

You can find any type of new home in Huntsville you may be looking for by searching online, since the city has many real estate listings on the web. If you have a realtor, he or she will be able to guide you to the best and most comprehensive listings sites. Searching online will enable you to narrow down your search by home size, price, and type.

Saving money:

There are some general things you’ll want to know before making a final decision on your Huntsville new home. You will save yourself considerable money in the long term if you do the following:

  • Reduce your debt, and improve your credit score as much as possible. This will enable you to get a lower interest rate, and possibly to qualify for a larger mortgage.
  • Set a budget for your mortgage, taking into consideration property taxes and all other factors. Don’t take out more mortgage than you can realistically afford, even if your lender will let you.
  • Select a good real estate agent. Interview more than one before making your decision, and ask whether they are a member of the National Association of Realtors, and what designation they hold.
  • Visit Huntsville in advance to familiarize yourself with the area and what each neighborhood has to offer. Your realtor should be able to show you around the city and provide valuable information about communities and school districts, guiding you straight to the Huntsville new home that is best for you. .
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A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®