Buying a house is a big decision that requires weeks of house hunting, inspection, and a location-specific approach. It’s an investment you make for your future and maybe for all your life. You want the house to be perfect in all aspects so that you don’t have to compromise on any aspect. You have to map your budget; the locality must match your preference, and make sure you have room for the unexpected: It’s a lot to think about. So, we made you a checklist to make sure you consider the important aspects and not make a blind deal.
- Rent/buy: whether you are looking to rent a property or buy it subtly influences the type of space you will live in. Renting an apartment or a duplex is an option, as you can move in and out according to the contract and your convenience. But buying a place is more permanent, and you have to consider several more factors than an instance when renting a place.
- Condo: condos are your best bet when you want to own space but not own the responsibilities of a yard, swimming pool, parking space. You are the owner of a small part of a large property. It gives you freedom of interior designing, or renovation, as and when you please. Get a complete idea of condos from Compass cove resort at myrtle beach for an excellent investment.
- Apartment: a shared building, where you pay the rent for the house, shared basic amenities, and are excluded from the responsibilities of any damage that you haven’t caused. Apartments are affordable living with some of the independence shaved off but by no means is a restricted living. It is great for beginners with an independent lifestyle. If you’re exploring California, you can search for Burbank and Oakland apartments for rent and see which place fits you best. You can check the neighborhood and look at the amenities and shops you often need to go to.
- Duplexes: two living spaces, with separate doors, garage, yard, and even separate addresses, refer to duplexes. The house is built side-by-side, joined in the middle with one common wall is a duplex. One person owns both parts of the house, and one or both houses are let out on rent. Duplexes may be side by side, one part of the house being the mirror image of the other or stacked one over the other. The renter is not allowed to make changes or modify the house in any way.
- Townhouse: the best option between a single unit house and a condo, the townhouse offers the independence of a single unit house but is an affordable option for people who can’t buy a single unit house. It offers complete ownership of the inside of the house and the front/back yard space. You can take the townhouse as your own.
- Location: what suburb fits your want? Do not forget the purpose you are buying/renting a place. Whether it be a job change, relocating to another city, or moving into the suburbs for more peace: you must find a location per your convenience. Look for easy access homes that allow you to connect to the main road with ease, lessen your commute, or are near the main entrance of the property/neighborhood. But if you are looking for a quieter place with lesser transit, consider opposite features, away from the main connection’s hustle and bustle, away from the city, and on the lesser-traveled street.
- Is renovation needed: When you buy a house(not rent it), you must look at the condition of the walls, roofs, and floors and look closely at the house’s styling if it matches your sense of home. Would you renovate it? If yes, you must include the cost of renovation in your budget to buy the house, and if it overshoots the budget, you might want to consider a ready-to-move-in option rather than the one that requires extensive renovation in the recent future.
- Inspect: Inspect the space closely and see yourself living there. Whether you are renting a place or buying it, you must be sure that you are comfortable with the basic amenities available and how things are. Check for natural ventilation, water facilities, yard(if present), and each living space in the house. Or you can hire an inspector that will check your house and make sure it matches your requirements.
- Kitchen: kitchen requires maximum storage space to contain all your pantry essentials, china, pots, and pans. Count the cabinets, check the kitchen sink, kitchen table, and ventilation for air to pass when cooking.
- Bathroom: count the bathrooms if you have one for each room; if they are big enough, look out for the signs of mold, water leakage, check the taps.
- Rooms: enough rooms for your family to settle in? If yes, then It’s too small. Buy a house that accommodates your future. Look for spare rooms so that you don’t have to scramble for space if the kids require their own space or you plan on having a friend stay over.
- Size and storage: storage space that conceals all your belongings, keeping your house neat and clean is vital. You must consider the closet space, storage room, and size of each of them and measure your belongings. Concerning the storage space, go big or regret it.
- Age of your house: you must consider how old your house is. Speak with the past owners or the agent to find out how old the construction is. Generally, houses past 20 years tend to display an out of fashion look and require heavy renovation. Any house that is older than your grandma is not the one you want: There are a high number of repairs and greater costs of maintenance. While new houses may be out of your budget, do not go for an outdated house that may soon become a safety hazard. It is costly under covers.
A right investment requires study, inspection, speculation, and decision. While buying a house, you need to consider several financial aspects and your living comfort for the future. Many people buy the house with hopes for the house to last 15 years, but they move out within five years due to their shortsighted vision during house hunting. Inspect the property with your mind and vision: move on from what feels incomplete and shortlist what feels just right. Don’t worry; there’s plenty of property out there!