Real Estate Experts Reveal The Features Buyers Should Look For in A Home

While the thought of buying a new house seems exciting, especially since you can finally realize one of your life goals, you might get overwhelmed when you receive lots of conflicting advice from your family and friends. It’s as if everyone shares their opinion on what features your new home should have.

To settle your dilemma once and for all, the real estate experts share which features you should take into consideration when making your first home purchase.

Location

Location is extremely important in finding your best house. The location should provide convenience according to your lifestyle.

According to the real-estate experts, your house’s location should be accessible to your work, schools, neighbors and free from any noise or disturbances. Aside from that, you need to determine whether or not your home is in risk-prone areas for flood, landslide, earthquake, etc.

As much as possible, Kelli Howison of Windermere Real Estate recommends you find a location that is convenient on your lifestyle and safe from any calamities to keep you and your family safe and protected.

House’s Age and Condition

Unless you’re looking to buy a brand-new furnished home, you should consider the age and condition of the house. Is the roof still firm and formidable? What about the HVAC? Are there signs of rotting, and any structural or water damage?

Do you need to spend more money in doing home renovations? Nathan Garret of Garretts Realty recommends you check these crucial features first before purchasing a new home. Or else, you might end up spending more money on fixes and replacements.

It Meets Your Present and Future Needs

According to real-estate experts, you should also consider how your new home can accommodate your future family and the future generation.

According to Sean Stanfield of Stanfield Real Estate Group, home buyers should choose a home that suits their current lifestyle and future needs. For example, is your home big enough to accommodate your growing family, if you plan to start your family soon?

Does it have a car park or garage if you plan on buying a car soon? No matter what your current or future needs may be, Sean recommends not settling for a home that doesn’t meet your needs.

Consider Your Budget.

Patricia Bamburgh of NextHome Gulf to Bay recommends you keep searching for a home that suits your budget. You don’t need to buy a languish home when you don’t even need one or if it’s not within your budget. Otherwise, you’ll be forced into paying more of what you can afford and fall into debt.

Worse, you might end up selling your home or leaving it if you can no longer pay for it. So it’s important to stick to your comfortable mortgage amount payments to live a comfortable life in your new home.

Consider the Resale Value.

According to the real-estate experts, you also need to reconsider its reselling value which you can use in times of emergency in the future.

According to Emma Pace of Zoocasa Realty, having a house is not just about fulfilling your dream of owning a real estate property. It also serves as your investment. That’s why you need to watch out for market trends and assess your home’s reselling value. Who knows, you might move out someday and live in a more comfortable house. Then, you can sell your first house or have it rented out to earn some passive income.

Cost of Living

According to the experts, you also need considering the city you’re moving in, and the cost of living. Can you afford to live around the area where your house is located? Can your budget support the expenses you’ll have in paying your real-estate taxes, food, transportation, and leisure?

What about your healthcare? Does the city have programs for affordable healthcare? You need to consider these things to determine if your budget can support your lifestyle as you move into your new home.