Your home is the biggest purchase you will ever make, and if it is a mortgaged property, it could be something you are tied into paying for for at least 30 years, so it is not a purchase that you jump into without really looking at all the possible issues. You may find your dream property, one that seems to be perfect for you and your family, but there are still issues that you should look at, even if the house is the right size, has the right amount of bathrooms, and has that perfect kitchen/diner.
Before you sign on the dotted line and grab the keys, ask yourself these questions…
What’s the area like?
After watching all those Location, Location, Location programmes, most people know that it is better to buy the worst house on the best street than vice versa. Grabbing a bargain, even if it needs a bit of work is great if the house will only grow in value, but picking up the best house on the worst street could mean that it has already reached its ceiling price – fine if you want to live in it as your forever home, not so good if you were planning to move on in a few years.
Check out Right Move to find the average sales prices on a street to see what your property could be worth.
All About The Drainage
Does the property you love have a septic tank, and, if so, should you still make an offer? If a house has poor drainage or is not connected to the mains sewage network it could have a septic tank to allow a safe disposal of wastewater. This does not have to be a deal breaker, but you need to remember that it will require regular maintenance and you need to ensure it does not impact the local environment.
A septic tank should certainly not be a deal breaker, in fact, if you are looking at making your home as environmentally friendly as you can this is a good way of doing that, as they are an environmentally friendly way of disposing of waste water. A company like OMDI can answer all your questions about a septic tank, including those related to maintenance and replacement.
Amenities and Services
Sometimes it is easy to get swayed by the fact that the area you choose to live in is semi-rural, your own escape to the country. But the reality could be different. How close are you to the nearest school, or supermarket, or to any other signs of life? Are the transport links good enough if you still need to commute to work every day. It could even be a case of finding out how good the WIFI is if you need to work from home on a regular basis.
No-one is saying that you should move to a rural escape, but you must do so in full awareness of what this really means.