Fall is a great time to buy a new home in Knoxville, especially if your goal is to settle into your home before the holidays. If you are planning to start your search for a new home this fall, we have a few tips to help you get started.
Explore Knoxville & Nearby Communities
The weather feels cool and comfortable and the leaves are starting to change into beautiful warm colors, which makes fall the perfect time to explore communities in Knoxville and the surrounding area to narrow in on the ideal location for a new home. If you’re drawn to an urban lifestyle with walkable access to shopping and dining, Northshore Town Center in West Knoxville is a great destination to check out. If your ideal home includes spacious acreage, consider exploring Powell, Karns, South Knoxville and Maryville. For homes with historic charm, don’t miss Historic North Knoxville or Oak Ridge. Every community has something unique to offer, so grab a hot coffee and get to know these communities with a scenic fall drive.
Determine Your Buying Budget
Before you dive too deeply into your home search, take a moment to establish your budget and secure pre-approval for a mortgage. Begin by assessing your current cost of living and your outstanding debts to gauge the amount you can comfortably allocate to your monthly mortgage payments. Keep in mind that this may differ from the loan amount you’re approved for. Mortgage lenders assess your purchasing power while striving to ensure that your mortgage payments align with your current financial circumstances. However, they may not factor in your future financial goals, such as saving for a car, funding a child’s education, or indulging in annual vacations.
Consider your broader financial goals before deciding on a comfortable budget for your new home. Once you’ve determined the amount that feels right, meet with multiple lenders to explore your mortgage options and get pre-approved for your loan. This proactive step will prepare you to buy your new home with confidence.
Work With a Knowledgeable Realtor
The right Realtor will simplify your home search by helping you set goals and expectations for the process and showing you homes that best align with your goals. At the Bedros Team, our agents know the Knoxville real estate market inside and out and have successfully helped hundreds of buyers find homes in Knoxville. We’re well-versed in the opportunities and challenges that come with fall homebuying, and our mission is to help you make the most of your search. We take the time to understand your buying aspirations and are dedicated to showcasing the finest available homes for sale in Knoxville and its neighboring areas. Thanks to our extensive real estate industry connections, we often have insights into homes that haven’t hit the market yet, ensuring you’re never left out of a fantastic opportunity.
Consider Seasonal Factors
Buying a home in the fall has many benefits, but there are some seasonal considerations to take into account. When organizing your open house visits, consider that daylight hours are shorter, which may require scheduling earlier viewing times for homes. Also, be mindful of local sports schedules, especially when the University of Tennessee Volunteers have home games in Knoxville. On game days, it’s wise to allocate extra driving time to ensure you make it to your appointments on time. Finally, as you tour properties, try to visualize how they might appear during other seasons, allowing you to make a more well-rounded assessment of the property.
If you’re ready to find your home this fall, let us know. Our Knoxville real estate team is here to assist you at every stage of the process. Contact us today to set up your homebuyer’s consultation and speak with an agent about your real estate goals.