When looking for a property, finding one that you love is only the start. Still, as exciting as it is, there are some precautions to be taken into account in order to avoid making an impulsive purchase. Know what they are by reading this article.
Several factors influence the choice of a house: its type, price, its finishes and its condition are some of the examples that may come to mind at first glance.
Still, there is a recurring situation in this type of search for the ideal home. Suddenly the house of your dreams appears right in front of you. As you enter, you get immersed in its rooms and atmosphere. Well… this is a very common and positive feeling, but one that requires care. Before you blindly move on to buying this “love at first sight”, there are factors to consider so you can be sure that you are taking the right step and making the best choice that suits your needs and budget.
Buying a home is undoubtedly an important decision and one that deserves to devote all the necessary time to ensuring that you take all the precautions into account and avoid any potential teething problems in the future.
Today we will look at some of the things you should consider, especially if you think you have found the home of your dreams.
1. Examine any construction-related issues
If you love the house, it may seem absurd to look into its every detail. Still, you should find out the information, such as who was the builder of the house and its year of construction; as well as understanding which interventions the building has been subjected to after construction can give you clear indicators of its quality and help you understand what the current condition of the house is and the potential remodelling that may be needed.
Having access to the property's floor plan is also essential, so you can understand what changes you may make to the house. In addition, it is still important to be aware of exterior cracks or signs of damp, as this can indicate costly problems.
2. Be aware of the inside
The state of the interior of a house and its characteristics are two key aspects to ensure that it will meet your needs later.
First, you must evaluate if the property's type suits you and your expectations.
You should also look at aspects such as wall thickness, stains, cracks or dampness. These aspects may indicate poor insulation and ventilation, which will result in a reduction in your comfort or higher expenses.
Also be mindful of house insulation issues when evaluating door and window materials. Some details, such as double glazing, can greatly add value to the property, thus contributing to better insulation and reducing future electricity costs.
3. Consider the home appliances
While it won't be an immediate issue, the truth is that in the short term, a home that doesn't adapt to your home appliances will incur extra expenses.
Find out whether the stove is electric or gas, study the way the water is heated and evaluate how old the pipes are. Take the opportunity to test the water pressure and the state of the electrical installation.
4. Find out the property's energy efficiency
Currently, the energy certificate is mandatory for all homes that are on the market and this is a very important long term issue with regard to your utility bill expenses.
In addition to the certificate, considering aspects such as how much natural light the house receives, the existence of solar panels or the size of the house, will give you a better idea of future gas and electricity expenses for heating the house.
5. Consider the other practical aspects
In addition to these issues, it is very important to ensure that you review the necessary documentation for the purchase of the property and that you are aware of the taxes to be paid, including the IMI.
If this whole process seems too complex to you, it is best to rely on specialised and experienced professionals in the market to guide you. Engel & Völkers is highly recommended for asessing all the essentials to ensure you find the right home.