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The Most Important Factors for Buying a Dream Home That You Do Not Want to Miss Out On

  • Writer: homelifegalaxyreal
    homelifegalaxyreal
  • Dec 17, 2015
  • 2 min read

The Neighbourhood and Surrounding Area

Remember, that a property does not exist in a bubble. It’s part of a larger community that your buyer will exist in on a daily basis. With that in mind, it’s critical that they find a neighbourhood that suits their needs before buying. Does your buyer prefer a home in a secluded neighbourhood or a home in a bustling city center?

Lot Location and Size

The lot is often an afterthought when it comes to purchasing a property, but it should be in the forefront of buyers’ minds. It is the one thing about a property that cannot really be altered. Think about it: Your buyer could knock down a house and rebuild it from scratch, but regardless of the changes they make, the lot will stay the same. When looking at specific properties, they should consider the lot’s location and size carefully before submitting an offer.

The Age of a Property

When it comes to buying a home, the age of a house does make a difference. Buying older homes and brand new ones each have their pros and cons, so your client should be aware of what they’re signing up for before submitting an offer.

The Ideal Home Style

Single houses make a great choice for those want the freedom to customize a property to their exact specifications. Condo living is for people who want to own their own home while still having access to hotel-style amenities. Town home living offers a compromise between the two. Once your buyer knows which style of living they prefer, then they can focus on aesthetic aspects of a home.

The Right Amount of Space

Buying a home that is too small can be difficult to make the space work. At the same time, buying a property that is too large will allow your client to spread out, but will wrack up large costs.

The Layout

Not all square footage is created equal, which is where the floor plan comes into play. When comparing two properties that are 2,000 square feet, one could dedicate most of the space to the living area while the other could focus on more spacious bedrooms. While it is possible to redesign the floor plan after moving into the home, it’s a long process that requires a huge commitment of time and finances.

The Potential for Future Projects

Even a dream home is going to require a little bit of customization – as it should. Your buyer should keep an eye on how much customization will be required in each property they see.

Costs

It is important to remember that there are more costs to consider than just the monthly mortgage payment. Your buyer should also consider local taxes, monthly utility costs, and association fees when purchasing a home.

Reference: http://freshome.com/…/the-10-most-important-factors-for-bu…/


 
 
 

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Home Life Galaxy Real Estate Ltd; / 301-111 Grangeway Ave, Toronto, Ontario, M1H 3E9 / T-416-284-5555 / F - 416-284-5727

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