What To Look For When Buying a Home?
What is the most important thing to look for when buying a home has much to do with the buyer’s lifestyle and stage in life, as well as a other factors that experienced real estate agents evaluate.
To flesh out these nuances, ensure that you spend ample time with your real estate agent in a Buyer review. This is an interview where you review every aspect of buying a home, ensuring that there are no issues that would preclude you from buying your home, determining the best criteria for your new home, and educating you on the entire process from start to finish.
Following this review you should have a solid foundation and comfort with the process you will be undertaking, a detailed understanding of the criteria you require in a home, and knowledge of how to go about selecting the best property. Essentially, after this review, all that is remaining for you is to pick the property that you “love” because you will only be viewing homes that fit all of your criteria – making the selection process that much easier and saving you an enormous amount of time.
The one common theme that emerges from these reviews which highlights what is most important to look for when buying is to “buy what you can’t change”
What do we mean by this?
Aspects of a property that you cannot change would be:
- Location and surrounding neighbourhood
- Zoning, restrictions, bylaws and regulations
- Other factors that are outside of your control or too onerous to change such as major structural issues.
The components of a property that you can change are:
- Cosmetics (paint, flooring and decorating)
- Minor plan shifting (moving or opening a few walls)
- Non-structural repairs
Often the best value can be discovered hidden in properties that are the less appealing, but with issues that are easily overcome. Conversely some of the biggest problems we have witnessed arise from properties that had lots of surface appeal masking a location issue, structural problem or other permanent condition. It’s easy to fall prey to these, so be certain to rely on an experienced real estate agent to guide you past these and shed light on the more important aspects of a property. Also, ensure that you insist on a home inspection as a condition of the purchase to ensure that you discover any serious issues that may be hidden beyond obvious sight.
There are more permutations and quirks to buying the right home than can be described in a synopsis, however a very important point is to ensure that you get the best representation on your side. Choosing the best real estate agent to find the perfect home won’t cost you any more and can save you much more than dollars – it can affect the rest of your life.
Need more advice on buying a home? Contact us today! We’re a couple of great guys who would love to help you navigate the Calgary real estate scene. Visit David Also David Online
David Also David is the Calgary Real Estate team of David Frid REALTOR and David Powell REALTOR of Sutton Group Canwest. We are committed to providing you with what you deserve: the best! www.davidalsodavid.com Call (403) 479-3743