Are you shopping around for a new home? The home interior and listing price are not the only things to keep in mind when searching for a house. In contemporary society, buyers need to also be on the lookout for high maintenance costs, bad neighbors, hidden cameras, etc.
If you’re looking for good advice on what to look else to assess when attending a private showing or open house, here are a few things you can need to keep in mind.
Sellers could be listening and watching
In today’s technological world, buyers need to be aware that sellers might tune in and listen during a showcase. Most homes today are fitted with microphones and smart cameras, making it simple for homeowners to spy on prospective buyers as they make a tour in and around their homes.
Buyers, therefore, need to be mindful of their actions and words as they hunt for their dream haven. Acting as though you are being watched and listened to as you tour the house is always recommended.
Just make sure you are natural and don’t insult or overpraise the house in question. You can always have a discussion and express your real thoughts and feelings about the house once you have left the premises. The same rule is applicable if you are shopping for homes in toronto.
Comparable sales in the location
Before you tour a home, conduct research and do a nearby sales comparison. These comparable sales or ‘comp’s ‘are assessed against properties with similar attributes that have been recently sold in the area.
When doing the comparison, ensure you focus on the comp’s square footage, location, and features. This will give a reasonable idea of whether the house under sale is priced fairly or not. If the home is overpriced compared to the comp’s, the next thing to do is ask yourself why? Maybe the house has been renovated recently or perhaps it has better interior finishes compared to other houses close by.
Contrary, if the house is very underpriced in comparison, it could indicate a fixer-upper circumstance.
Growth challenges and size of the house
If you’re planning on growing the size of your family, you need to factor this in when shopping for a new home. A common fault many home buyers make is buying a small home. Then when their family size expands their space becomes too restricted. This is not an ideal situation.
For example, a two-bedroom flat may suit your current needs, but many years down the line it may not. So before you buy make sure the house you are buying is a long-term investment and will continue to yield financial freedom, granting you low maintenance costs and peace of mind as you grow and the size of your family expands.
Check to see if the house you are interested in has more than enough bedrooms and enough floor space to feed and accommodate your interests and hobbies as you grow. Let the “walls grow with you” and help you live your best life, today and tomorrow.