Whether you are looking to sell your home or are saving to get your first foot up on the property ladder, there are various factors that you should consider when moving home. Sadly, moving home is not a process that always runs smoothly. You should be prepared for the other party to pull out at the last minute, a turbulent property market or even issues from your bank – that can soon make a smooth sale turn into a nightmare. However, there’s no reason why you should let external factors influence your overall decision. Just be sure to keep the following in mind if you are looking to move home in the next few months.
How are you doing your research?
It can be tricky navigating the property market, in particular if you are buying for the first time. Sites such as johnquinnteam.com are ideal if you are looking for support and advice during your entire home moving process. Another alternative is talking to friends or family members, who may be aware of current properties that are new on the market, while local newspapers will also provide current property listings – to give you a better idea of what is currently available. It pays to do your research, so make sure that you consider each and every option that is open to you.
Do you want to sell?
First and foremost, make sure you decide if you really want to sell your home? If you are moving to get your kids closer to better schools, is there truly no way that you can drive from your current property? If you are after a larger property, it may even cost less to extend the back of your home, or create an outdoor living area – to give you and your family more space to enjoy all together. Often, you look to move to properties that have more modern features – rather than taking the time to do the improvement work on your current home. So don’t feel pressurized to sell your home, due to work or family commitments, when your current property suits you and your family just fine.
Can you give your current property an upgrade?
Ok, it’s not technically related to moving home, but if you are looking to sell your home, or even decide to stay where you are then there’s no reason why you can’t give your current property the design features that you love – such as marble worktops or wooden flooring. You could even keep things simpler, and consider investing in some new furniture or stylish accessories, while a lick of paint is a low cost and easy option to give your home a much-needed makeover that won’t break the bank. Plus, giving your current home an upgrade is ideal if you want to get your entire family more involved in how you run your household. You could even consider giving your kids a makeover chore to plan and complete.
What are you looking to buy?
If you are deadset on buying a new property, then be sure to write a list of exactly what you are looking for. Make sure that you visit your new neighborhood at different times of both day and night – as this will give you a much better idea of where you are considering moving to. Make sure that you factor in schools, your drive to work and distance from friends and family in your new location. While it may be your dream property, will it be worth having to drive an extra forty minutes to get to your job every day? As obvious as it sounds, make sure that you visit your new property on several occasions too. While you might love it during the first visit, the new time might be a different story.
Is it new?
Making the choice to buy an older, period property over a new build home will also make a massive difference on your lifestyle and budget. Yes, you might be after open fireplaces and tiled floors – but just consider how much time and money you will need to invest to make sure that your home lasts you a lifetime. Not to mention, the exterior of an older property will need a lot more care and attention during the winter months too. From clearing your gutters, to replacing old door and window frames, what you save from the sale will soon need to be invested back into your home.
For first time buyers, or if your budget stretches to it, then why not look to buy a new home? Brand new properties also have everything new inside them too – from boilers to electric wiring, meaning it’s much less likely that you will have to get a handyman in to help you out. However, there is a catch. You may find that a new property will cost you up to $100,000 more in some instances – just because of the fact that it is a new build. However, this may limit you in terms of what you can afford, however. So take your time and review which option is the best for you and your loved ones.
Moving home can be a difficult decision to take, in particular if you love and enjoy where you currently live. However, if you do decide to take the plunge then be prepared to be patient and make sure that you do your research before signing on the first house that you view. Make sure that you take time to look into whether you can afford a new build, or if you go ahead and buy an older home then be prepared to do some improvement work.
If you do decide to stay in your current property, then there’s no reason why you can’t make it catalogue perfect. From adding some new accessories or a lick of paint to your current home to impress visitors, to going ahead an extending your current property, you don’t need to move state when your current home just needs some attention. So whether you decide to move home, or stay where you are, be sure to keep these factors in mind if you are considering moving home.
- Investment2 years ago
Investors Compare Residential To Commercial Property
- Management1 year ago
Top 7 Reasons Why You Should Hire a Property Manager
- Investment11 months ago
Tips From A Property Investor On How To Improve ROI
- Buy1 year ago
Who Is The Real Estate Agent Working For?
- Investment2 years ago
AirBnB Your Rental Property Is It Worth It?
- Investment3 years ago
What Do Landlords Fear Most?
- Management1 year ago
Healthy Homes For All!
- Buy2 years ago
How To Get A Property Before You’re 30
- Legal2 years ago
How to Deal with Tree-Related Neighbour Disputes in Australia
- Technology2 years ago
The Future Is Now: 9 of 2019’s Most Spectacular Home Automation Upgrades