5 Things to Consider When Buying a New Home

The home buying process is complex and takes time, even for seasoned buyers. There are different aspects worth examining to make an informed choice.  

For many people, buying a home is the most significant financial decision of their lives; therefore, it’s important to get it right.  

If you’re planning to buy a new home, here are five important things you must consider before you seal the deal:

Choosing the right location
Location is the most important factor. You should ideally look for good neighborhoods that are sync with your lifestyle.  
You may also look for easy access to school, work, amenities, and places you frequent the most, to avoid a long commute.  

The location within the neighborhood is also important, i.e., whether the property is away from the traffic or near the main entry, depending on your lifestyle and preference.

Number of bedrooms
The number of bedrooms depends on your housing needs. Look at the number of members in your family.  
If you have two kids, you probably need at least three bedrooms. If you plan to grow your family, then you might need an additional bedroom.  

Moreover, if you host family members or take care of aging parents, you might need a guest bedroom.  

Having a spare bedroom can be useful as it can be converted into an office, home gym, playroom, etc.

The layout of the kitchen
The kitchen layout is also a crucial factor when buying a new home.  

Most new homes come with a modern and spacious kitchen with lots of counter space and additions, which is ideal for large families or those who enjoy cooking at home.  

But, if you have a small family or a busy schedule that doesn’t allow much time in the kitchen, a modest kitchen might be enough.  

Discuss the preference of your kitchen with your family members to make the right choice.

Evaluate the costs properly
You should always look beyond the price tag of the property. There are many costs associated with a new home, including homeowner association fees, insurance, taxes, and closing costs.  

Moreover, you should also consider home improvements and maintenance costs to make sure you pick the home that’s within your budget.  

Buy the home you know you can afford irrespective of the amount of mortgage that you got approved.

Partner with a property consultant
Team up with a reputable property consultant to buy your dream home.  

They will help you find the properties that match your specific criteria and negotiate a better price on your behalf to get you the best possible deals available in the market.  

In a nutshell, they will make your home buying process more comfortable, enjoyable, and less time-consuming. Your Real Estate Agent Edmonton will also help you complete your financing and inspections.

If you’re looking to buy a new home in Edmonton, reach out to me today! I’m Mina Gayed, a professional real estate agent and property consultant who would be happy to help you find your dream home. Call/text 780.994.6462 to get started!

No comments

Post Your Comment:

Copyright 2022 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.