Looking to purchase a property can raise all sorts of emotions from fun, excitement, worry, fear and even stress. Deciding whether to buy a property can cause some self-confrontation. Some notes mentioned throughout this article relate to my own personal experience prior to purchasing my condominium unit in the lower mainland. The next three points highlight some key factors which home buyers often overlook and which I almost did:
- Lack of Storage Space
Prior to purchasing my new home, I was very impressed with the unit when I viewed it and could see the potential of the suite and anticipated living there in the near future. The only concern was that there was very little storage space. Although I do have many materialistic possessions, I still had to decide on where to store my seasonal items. Once I decided to place an offer on the condominium, I went online for organizational inspiration. I learnt to place intermittent items in places which are not as easily accessible. An example of this is placing my skis under the bed and my golf clubs in the back of the coat closet.
- Developers provide Basic Units
Prior to purchase, I went through all aspects of the home. This included opening all closets and noting the size of each space. What really caught my attention was that none of the closets included hanging rods. I went to stores like Ikea and Walmart and bought inexpensive closet organizers which made arranging my home, and specifically the closet, very simple and easy.
- Not Anticipating Current & Imminent Needs
Foreseeing needs are crucial when touring a home. An example of this is was accepting strata regulations for the building my unit is in. When I moved into my condominium mid-summer, I was against the idea of spending money being allocated to snow removal. Little did I know in my first year of living in the lower mainland, it snows and often quite a lot. Looking back on the day I was reviewing the purchase contract, I now realize how essential strata was, and still is. If one has the intention on co-maintaining their property with their fellow neighbors, it is important that all current and imminent needs are assessed.
These among other are points which should be taken into consideration prior to deciding on a new home.
Stay tuned for more Tips for Home Buyers articles. If you have any comments, please feel free to email the Kingswood team at firstname.lastname@example.org .
Reference: Leigh Freeman – PREC (5 First-Time Building Mistakes To Avoid)