Buying a new home is exciting as well as stressful especially if you are a first-timer. You want to grab that house you fall in love with, but a little patience and a hold on your emotions will take you a long way as that purchase could turn into a nightmare. When you are buying a home, you are spoilt for choices as there are various design, options and reputed builders but always choose Award Winning Perth Home Builder. But how do you decide if the final decision you make is right regarding both price, and other factors as real estate statistics published in www.ura.gov.sg/uol/media-room/news/2017/Oct/pr17-72 suggest there is no shortage of choices.
Here is a checklist you should consider before buying a house.
Location: The best advice that can be given to first timers is that there are many things you can change about your house, but you cannot change the location. Before starting the process of house hunting, choose a few neighborhoods that will suit your lifestyle. For example, an elderly couple will want to have a calm and quiet place where as a family with kids would prefer a place where there are schools, parks, hospitals nearby. Also, a check of the neighborhood is maintained correctly, look for signs which can tell you not to buy a home here. You would not want to buy a house in an area where there are seniors, and you have a noisy young family.
Ugly home is not necessarily nasty: Go beyond the lousy furniture, ugly colors, and carpets that is shown on a home sale. It can be much better than what you are visualizing at the moment. Once your vision is more focused on the more significant aspects of the home than the little paint and carpets, you get a better idea of whether this house is right for you. Prepare to spend a lot of time if you like a home, do not hesitate to open all the closets, doors of rooms or storage cabinets. That will give you an idea of what renovations you will have to make in case you decide to buy.
Get it inspected: Once you have liked a house, it is best to have it examined by a contractor or an expert. It is essential to find out the quality of the structure for your peace of mind. An expert in building inspection will be able to look beyond the looks of the house. An inspector may also suggest if any renovations that you want to this home can be cost-effective or not. It is not a worthy investment if you have to spend a fortune on renovating a house as the real estate market is overcrowded and there are lots of other properties that you can consider.
Budget: Decide on a budget when you start shopping for a home. If you are buying an old house, you should look at the renovation cost and also the current value of the property. You don’t want to invest in a home which is valued less in the market.