With the amenities of a big city and the charm of a small town, it’s no wonder Lincoln, Nebraska was named one of the top 20 places to live. Whether you’re looking for a quaint college town, a vibrant food scene, or great schools, Lincoln has something for everyone. When it comes to buying a home, there are a few things you should know before you start house hunting for Lincoln, Nebraska real estate.

From your budget to your location, we’ve rounded up everything you want to know before buying real estate in Lincoln. Let’s get started finding your new home.

1. Your Desired Location

Without narrowing down your house hunt to a few areas, searching the entire city of Lincoln, Nebraska is overwhelming. This is why it’s helpful to pick a few key places to narrow down your search. 

When you’re buying real estate in Lincoln, working with the right realtor is key. They know which areas are good for young families, close to the university, restaurants, outdoor recreation, and more. Your Lincoln real estate expert understands the local housing market and where you’ll find the best fit for you.

2. Your Budget

Before you start looking at Lincoln real estate, it can be really helpful to determine your budget. Your budget will help you know how much you can comfortably afford and where to look for a home. In 2021, the median home in Lincoln cost $238,300.

Consider if you want new construction, a 2-bedroom home, or a house with acreage, for example. The type of home you’re looking for as well as your wish list will help you search the local market. Your realtor will take your wish list and your budget to find a home in Lincoln that works for you and your family.

3. If You’re Pre-Qualified

Once you know your personal budget, it’s time to get pre-qualified for a mortgage. A pre-qualification or a pre-approval will give you a good idea of what type of mortgage you’re approved for. You’ll also know your interest rate, your loan amount, and what your monthly payments will be.

A pre-approval means you’ve been verified and approved by your lender for a certain amount. You can give your realtor this figure so that they know your budget as you begin to house hunt.

The Nebraska housing market is hotter than ever with homes seeing a 12% boost since the pandemic. A pre-approval shows buyers you’ve been qualified and that you’re a serious buyer who is ready to make an offer.

4. Which Amenities in Lincoln, Nebraska Would You Like to Live By?

Lincoln, Nebraska has something for everyone. Whether you’re a young couple looking to raise a family or a professional working nearby, there’s a pocket of Lincoln for everyone. As you start to look for homes, give some thought to what amenities you’d like to live by.

For some it’s being able to walk to the university, for others it’s being in a certain school district. Whether you want to live on a golf course or live off Capitol Beach Lake, there’s a special place for everyone.

Get Started Making Your Lincoln, Nebraska Real Estate Dreams Come True

From football games at the University of Nebraska to strolling for produce at the Haymarket Farmers Market, Lincoln has something for the whole family. Since the pandemic, the Lincoln, Nebraska real estate market has been more in demand than ever.

If you’re looking for your next home in Lincoln, you’ve come to the right place. Our Lincoln real estate experts are ready to help you find your new home. Fill out the contact form here to get started with one of our local pros.