Navigating the housing market can be challenging; however, if you’re armed with an analytical eye and the correct knowledge of what to look out for, you can easily handle any property you’re interested in with the help of your buyer agent!
To help you along the way, here are five things to consider before buying a home.
Visit at different times of the day.
It’s essential to see a prospective home during the daylight and evening hours; this way, you can get a full picture of the property and neighbourhood. Aspects of the house can feel different from day to night, and it’s important to get a sense of this before purchasing and moving in.
Talk to the neighbours.
If you want an honest opinion on the neighbourhood, talk to the neighbours and ask them a few questions or if there are any pros/cons of living there. Also, you can get a sense of what your neighbours are like by having a friendly chat with them!
Get a home inspection and detailed records on past home improvements.
Prepared sellers will often have a home inspection and a history of home improvements prepared for you, so make sure to read through these items thoroughly and ask your agent if you have any questions before making any big decisions.
Pay close attention to taxes and ask for utility bills.
Having a general idea of what the property taxes and utility costs are is important. On top of your mortgage payments and condominium fees (if you’re in a building), factor in other expenses that will add to your monthly outgoings.
Explore the surrounding areas.
Ask yourself if the area is right for you in terms of amenities, transit, entertainment, schools, and proximity to all of it? Can you see yourself living here for the next 5-10 years? Will this work for you and your family’s lifestyle? Take a day to explore and make sure that the surrounding area or neighbourhood meets all of your needs.
I hope that you found this blog helpful and informative. If you have any questions about the home buying or moving process, please feel free to reach out by clicking here! I can answer all your questions and concerns and make the whole process as stress-free as possible.