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Five things to look for when buying a house

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Property Editorial published in the November 2016 edition of The Billboard:

1.  LOCATION!

Location is the most important factor when buying a property. Rather buy the worst house in the best area than the best house in the worst area.

A property’s location will determine it’s value, as well as it’s eventual resale value, making it imperative to buy in the right area.

If a house is in the right area , it’s time to start looking at the property itself. A bad house can be fixed, but a good house cannot be moved out of a bad area.

2.  The Garden

While great garden maintenance isn’t essential to a property sale, the state of the garden tells buyers a lot about the current owner and how they’ve cared for the property.

3.  Stains and Cracks

Water stains, discolouration caused by mold and large cracks on the walls can all be indications of bigger problems.

The owners may have resolved the causes behind the stains and cracks, but it would be wise for the buyer to ask questions and ask for proof of corrections should they decide to buy the property.

4.  Parking

Most homeowners also own a car, and secure parking is a big advantage for any property.

5.  Bathrooms and Kitchens

Main selling points are normally the bathrooms and kitchens, which can be very expensive to renovate. Well maintained, properly fitted kitchens and bathrooms are strong factors that make a house appealing, and can influence a sale.

It’s important for buyers to take their time in these spaces. Open the taps, test the water pressure, switch on the lights, or even test the gas stove.

Buyers are also entitled to ask questions about plumbing and electricity, and find out when last any work was done. This is to make sure that the house has been well maintained.

 

Source: PROPERTY 24

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1 comment

Shad Morris January 10, 2017 - 5:57 pm

A friend of mine is going to be buying a new house soon, but wasn’t sure what to do when looking for one. I really like that you say to look at the parking of the property and make sure it’s secure. It would be nice to know that your vehicles are going to be safe.

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