Visit the Neighbourhood
Your neighbourhood should feel just right. It’s best to visit the neighbourhood at all times of day; morning, midday, and nighttime, and in all weather scenarios if you can. The perfect home is just as much about the feeling of a perfect neighbourhood. Do a quick drive to the local grocery store, fitness centre, and park to get a real sense of the area. Be sure to try your morning commute from the neighbourhood and start to imagine what life would be like on a daily basis.
Whether you have kids or not, it’s a good idea to check the nearby schools and rankings. It can affect the value of your home.
The Art of Bidding
We’ll be by your side every step of the way, but there are some good bidding practices to know. Your opening bid should be based on what you can afford and what you believe the property is truly worth. It’s best not to assume a low bid is the way to start, it depends on the market position at the time. Comparing neighbouring houses’ past sale prices relative to square footage is a great equalizer. Assessing neighbours plans is important for future value considerations, such as basketball or tennis courts, which could reduce the property’s future value.
Hiring a home inspector will cost a few hundred dollars, and can save thousands. It’s a sound third-party opinion that will help your decision about whether to buy or not, and will provide you a negotiating tool on the price of the home.