Home is where the heart is. A home is a place where people come at the end of a tiring day to relax and be themselves. They get a chance to be with their families and spend quality time. But it is important to note that many other physical factors need to be kept in mind before buying a new home. Never judge a book by its cover. Similarly never judge a construction building by only its brochure or outer appearance. A lot needs to be thought about before buying your dream home. It is a lifetime investment. Thus proper care & research is required when it comes to buying a new home.
Below mentioned are some of the aspects that needs to be considered before buying your dream home.
Budget and property size
This is said to be one of the most important things to consider before buying a new home. One must look out for those properties which fall in their budget. You also need to identify the size of the property whether you need a 2 bedroom or 3 bedroom home. It needs to be decided so you can look out for the best options.
The location of the property is said to be the most important criteria when buying a new home. It is the most important identifier for the selection of the property. One must select a property that is in the preferred location based on their requirement of schools, public transport, parks & shopping centres etc. It also depends on your personal choice of whether you want a peaceful location away from the city bustle or a prime location with all amenities available at a hand's reach.
These days suburbs with more kids play areas, play pool, parks, recreation areas are a more attractive as compared to just traditional buildings. These Amenities add extra value to the property even in future for resale.
Age of the property
Property is not like a wine that the older it gets, the better it tastes. Extremely old properties have extra expenses for repairs. Moreover as the property ages
further, the maintenance costs also keep rising. Thus consider buying not too old properties to keep the maintenace cost low.
Research price if the area
Be it the builder or an agent, they will quote a price higher than what is expected. The buyers need to research and find out the average price of the property in that area and then place an offer accordingly. It is a good idea not to pay too much for what the property is worth for.
Buying a home is not easy. It requires a lot of planning. With effective analysis and guidance, you can buy your dream home with ease.