Yes, there are plenty of factors you need to consider when purchasing your next home. While buying a home may seem like a daunting task, it’s really easier than you think.
The trick in making the process of home buying fun and simple is to develop a quick checklist that will help you determine if a property matches your lifestyle.
Once you have your budget all figured out, a list of priorities will help you figure out your specific requirements and any areas you are prepared to compromise on.
Here is a quick checklist you might want to follow while house hunting
1. Know if the property you are looking at is in the right area.
- Is the surrounding area appealing?
- Is the property close to transportation links (highways and public transit)?
- Is the property close to key amenities: grocery stores, restaurants, pubs and shops?
- Will you be living close to family and friends?
- Are there schools close by?
- Are there recreations facilities and parks in the immediate area?
- How is the area you are looking at set to improve if it’s a locale of regeneration?
2. Outline the specifics on a property.
- Are you looking for detached house, semi-detached hours, townhouse, or a high rise condo?
- Is it in sleepy suburbs? Or will it give you that lively city-life feel that you might be looking for?
- Do you want a historical or a contemporary style home?
- How many bedrooms do you really need? Perhaps you are planning to start a family sooner rather than later?
- Does the space inside the home work for you?
- Are you looking for a large front and backyard area, or are you looking for less outdoor space?
- If you are considering an older style home, will it require renovations (new bathroom, kitchen, appliances, to name a few), and have you factored this into your budget?
3. Do your research with new developments.
- Have you visited the show home that the developer has staged?
- Have you inspected the property site (ensure it is well-maintained and tidy as this is an indicator that the builders and developers are professional and well organized)?
- Have you spoken to residents who live in completed parts of the new development area?
- Have you asked the developer/real estate agent if there are further plans for more development in the near and distant future in the area?
Having a checklist is a great starting point for your next home purchase. If you are a new home buyer or a veteran, asking lots of questions will help you in the decision process. For those of you who want more guidance, then consulting with a real estate representative in your area is always a good idea.