The real estate sector likes harping on location so much that we shall explain thrice how important it is. Location, location and location, it doesn’t just define the value of your home but your enjoyment and comfort of the house too.
For instance, if you don’t like noise, then you don’t need to purchase a home near an airport or railroad track. If you hate traffic, then never look for a home on the busy roads.
A lot of people put all their concentration on the house they see and ignore the location completely. So, here are the three things to consider before you sign your home purchase agreement.
There aren’t any homes on both sides of the one you have chosen
Yes, open space may work as an appealing temptation, but stay alert! If the land isn’t government-owned but privately-owned, then it is important to do some investigation.
Some time back, the residents of a city in Canadian suburb were shocked to know that the open space next to their home was marked for commercial development. They found it out through news reports. Well, the government approved it for a superstore. Imagine the amount of traffic and chaos once the store was completed.
So, the lesson learned here is that you should hire a local real estate agent who is well aware of the property and the neighboring houses. He will check the zoning of the empty land in the vicinity of the home you want to buy.
What about the neighborhood?
If the amazing home you have fallen in love with is the only beautiful house in the neighborhood, then think again! The condition of the nearby homes has a major impact on the value of your home. Nearby houses with a trashy yard or poor paint bring down the value of your own home. Check if the neighborhood has places like power plants, funeral homes, city dumps, etc. and avoid buying a home there.
When you go to see a home that you want to buy, drive through the neighborhood at different hours of the day, and different days of the week. Check your neighborhood surroundings to know your home value now and when you plan to sell.
If you really want to avoid this chaos and hard work, then hire a real estate agent to help you out. He will do a complete research of the property and will only bring those homes to your notice which are free from all such issues.
If you are buying a home at a new location, then you may not be aware of the crime rates of that area. Hiring a real estate agent will help you cover these threats. Ask for the crime stats of the location and then make up your mind to buy a home there.
While Richmond Hill is one of the best places to reside in Ontario, Canada, it is important to hire Richmond Hill real estate agent to help you pick the best location as per your need, preference and requirement. The experienced real estate agents at Lucky Alan help you find your real paradise at the best rates in the best location, suitable for you.