Connect with us

Opinion

Important Factors to consider when buying a home

Teresa Hughes

Published

on

Buying a home can be cumbersome to first time home buyers. There are many issues that must be taken into consideration when acquiring a new home, failure to which the residence can turn to be such a nightmare. A new home should bring completeness, fulfillment, and pride to the owner. Any residence causing significant inefficiency to the dwellers is a drawback and potentially impact negatively on the investment efforts of the owner even in other projects.

Homes located in inaccessible areas can cause significant delays when going to work and while visiting the social amenities. They force the owner to prematurely stop their preoccupations to catch up with time. Livability in such properties can also worsen if they are not equipped with necessary basics. Poorly situated homes can also be a potential a risk hazard to the occupants

It is often possible to buy a home with unwelcome features if so many factors are not taken into consideration during the procurement process. This article explains in simple steps some of the important features to examine when buying a home to enhance convenience and improve the livability of the users. Home developers can also observe the features and implement for them to make quick property sales to home buyers in the property listings.

Location 

It is the most important factor to consider when buying a new home since an accessible residence brings a lot of convenience to the dwellers. It is important to observe the proximity of the road and the entire infrastructural network to the property. Movement is made easier when the properties are closer to main roads.

Properties allocated in the urban suburbs provide a lot of convenience to the residents. The people enjoy enhanced access to financial systems and retail shops. The urban life is also active nearly round the clock. Security is beefed up in these areas so that one can acquire whatever they need, whenever they want it if their schedules run in the 24-hour system. Such locations are perfect for people in their middle ages who are actively engaged at work. They can, therefore, commute to their workstations faster.

Homes located in remote areas also come with a range of imperative packages to potential owners. These properties make the best retirement homes. They are quiet and free from the chaotic daily hustle and bustle of the urban life. Remote environments create a holistic touch and a sense of completeness. They make the best places for self-reinvention and connection with oneself and with nature. Life in remote places is quite affordable and as long as the properties are connected to infrastructural systems and equipped with the necessary essentials, they are the best places to live.

Available social amenities

The availability of hospitals, schools, and recreational centers among other features considerably enhances the livability of a place. Close proximity to these amenities highly cuts down utility costs because not a lot of resources will be needed to get to the facilities.

Recreational facilities such as swimming pools and playing grounds are essential for growth and development of children. Social interactions improve the personality of children. Furthermore, they get to develop their talents if they can access such amenities.

These facilities also serve adults in maintaining their health and fitness. It is noticeable that numerous diseases can, therefore, be kicked out due to routine exercising which can be achieved in these areas.

Security

Homes located closer to police posts are more secure and free from invasion by gang activities. Besides, there is possible quick police response should there be malicious attempts by villains to break into the properties. The homeowners, therefore, have little to worry about their safety.

Water supply and power distribution

A perfect residence must have adequate water supply which is reliable throughout the year. Nobody wants to live in an area experiencing water shortages. Most of the domestic chores largely depend on water and possible inadequacies can cause considerable inefficiency and increase the cost of living. The same applies to the distribution of power. With no power, life can turn into some little hell as electricity is required in homes day in day out.

Neighborhood

It is key to examine the types of people one will have as their neighbors in the coming years. It is obvious that your home can never be in a bubble. Often you will be meeting the neighbors and naturally one must develop some rapport with them. Living among people who are accommodative and sociable brings comfort, security, and confidence in a new environment. Buying a home among socially hostile people cannot auger well in long-term. Chaos can arise in between and one can lose the value for their investment altogether. They can even lose their lives. It is meaningless imposing yourself among strangers who will be of more harm than good.

The age and condition of the property

Any potential home buyer should perform an incisive analysis of the property they intend to acquire. The evaluation determines if the value of the property is congruent to that of investment. The valuation can be done with the help of a property appraiser. Acquiring old and dilapidated structures will prompt the new owners to invest some good fortune in the renovation to enhance appeal and comfort.

The condition of the property therefore largely influences its pricing. The costing of the property must mirror the market values of the listed properties in the area. Some sellers can capitalize on your market ignorance and manipulate the pricing of the house. It is important to liaise with professionals in the real estate industry to avoid being a victim of exorbitant sellers. Trusted realtors can also play a significant role in the procurement process. Consulting with a friend with past experience regarding such transactions will beneficial to any new home buyer.

The design and size of your family

Large families obviously imply that your new home must be sizeable to aptly accommodate all of them. Large and spacious homes, however, are recommended for small, midsize and big families. They provide a lot of luxury, ambiance, privacy and importantly comfort. It validates the reason to cruise carefully in the available home designs that will provide comfort for the entire family. Spacious homes can also house more flowers and link your home to nature giving that magnificent appeal. It is, however, advisable to check your finances before going shopping for homes to enhance the efficiency of procurement depending on the chosen size.

The size of the location on which the property lies is quite significant. A home located in a wide area provides more leverage to the owner. The property can be remodeled to suit other duties. For instance, the outdoor environment can be decked to host family functions like parties and social functions. That extra space can also make a magical flower garden for the evening walks.

Check the paperwork

It is vital to evaluate the credibility of the property to avoid antagonisms following fraudulent sales. Check the history of the property, the details on land whether the property lies on a leased or a deeded land. Properties situated on deeded lands significantly increase in value and will accrue profits to the buyer in future. It is possible if the owners conduct routine maintenance for the property not to lose its value. Importantly the buyer should be able to access all the relevant previous and current records of their new home to authenticate the transactions.

Home buying is a process and in most cases a lifetime investment. It is therefore imperative to take time before deciding on buying a particular property. Observing the highlighted features is an essential aid in acquiring a dream home which can last a lifetime.

Continue Reading
Comments
Advertisement

Facebook

Trending News