5 Important Factors to Consider Before Buying a Home!

For many potential buyers, searching for a new home is one of the most exciting times in life. Most families have a specific list of criteria that they provide to their real estate agent during their search. Some buyers are looking for high-end features like stone countertops and new hardwood floors, while others are simply interested in purchasing a home with enough space for their growing family. But there are some key factors that every potential buyer should consider as they are searching for a home. Here are five important things to think about.

Neighbourhood
When you schedule a showing with your real estate agent, make sure you pay attention to the other homes nearby as well as the home you’re viewing. Are neighboring properties well-kept and clean? Does the neighbou
rhood seem quiet? You can learn a lot from looking at neighborhoods as well as potential properties.

Property Value
Before you visit a home, ask your real estate agent about area property values. Most agents will be able to provide a comprehensive sales history of homes in a particular community. Taking a look at local property values can help you determine whether a potential home is priced well. Reviewing property sales history can also give you a better sense of whether or not homes have retained their value over time.

Amenities
As you’re searching for a home, consider which community amenities are important to you. For example, are you interested in being within close proximity of local shopping centers or restaurants? Do you want to be able to walk to a nearby park with your children? Thinking about these things can help you choose the best property for your entire family.

Other Location Considerations
Another important consideration as you’re thinking about home location is proximity to work and your loved ones. Perhaps you are interested in reducing your daily commute so that you can have more time with your children, or maybe you want to find a property that’s closer to your extended family. Always think about location in addition to home features as you search.

Taxes
One thing that many potential buyers fail to consider as they’re looking at homes are property taxes. Make sure you factor in the cost of taxes as you’re determining your overall budget. This can help you avoid getting in over your head financially. It’s also important to keep in mind that some communities have higher property tax rates than others. As you’re shopping, make sure to review total taxes online or contact your realtor for more information.

If you’ve begun looking at homes to purchase, you probably have a specific list of criteria you’re following. Perhaps you’re only interested in homes with three bedrooms, or maybe you want a turnkey property that’s been updated recently. Apart from the home itself, there are a number of other key factors to consider when purchasing real estate. Researching the neighborhood, property values, local amenities and necessities, and taxes can help you ensure that you’re choosing the best possible property for your family.

Visit http://www.neighbourhoodexpert.ca/geoweb/mappublic.aspx?id=kim_louie for a free Amenity report.  Just input the address you want and find out where all the schools, doctors and grocery stores are located!