1. DO YOUR OWN RESEARCH
When looking for your new home don’t buy into other people’s ideas & reviews– what’s wrong for one person may be right for you. Take a look at median house prices in your dream area, at the number of properties that are currently for sale and the number that have been sold over the last 12 months. Check with your agent to see what listings they will have coming onto the market in the near future.
Contact us and we can help by providing a free CMA (Comparative Market Analysis). This is a detailed report on properties in the area that you are looking at, when they sold and how much for.
2. CHOOSING THE RIGHT AREA
Make a list of things that are important to you like distance to school, shops, transport and your workplace. Grab a coffee in a local café and watch the world go by. Take a walk around the streets and take in the atmosphere of the area and see (feel) if it’s the right fit for you.
3. CHOOSING THE RIGHT PROPERTY
There’s lots of things to consider when deciding on the right property to suit your needs. Jot down the things you need (office space, parents retreat, entertaining area). Is there opportunity to develop the property at a later date to suit an expanding family? Then place them in order of priority. Prioritising your list will help you find the key factors in what is most important to you and help you find the right property.
4. WORK OUT WHAT YOU CAN AFFORD
You’ve followed all of the above steps and are feeling ready to get serious about your new home. Take time to sit down with your lender to work out exactly what it is that you can afford. Once you have assessed your budget it’s time to get serious!
5. TALK TO THE EXPERTS
Time to select your agent. Things to look for in an agent are knowledge of the area, ability to negotiate a good price and compatibility – make sure your agent is going to have your best interests at heart! Ask your agent what tips they can provide and get them to show you properties based on your specific needs.