When it comes to buying, a good strategy is to find the most affordable house in the best neighborhood.
When it comes to buying, a good strategy is to find the most affordable house in the best neighborhood. If you buy at the bottom of the price range in a good neighborhood, you’ll have more room to build home value. Look at properties that cost less than the amount you were approved for. Although you can technically afford your preapproved amount, it’s the ceiling—and it doesn’t account for other monthly expenses or problems like a broken dishwasher that arise during homeownership, especially right after you buy.