When looking for your next home in Victoria BC, you will want to know all the essential details to ensure you are investing in the right property. While some may naturally come to mind while house hunting, it helps to be prepared with the right questions to help determine if the price is fair, or if the property is right for you. Keep reading to learn about 6 important questions you should definitely consider when searching for your next Victoria home.
Here are some questions to have prepared during your house hunt, so you can ensure you find the perfect next home for you:
What does the sale price include?
The listed price of a home does not represent its entire cost. Additional closing costs can add up to make the purchase much more expensive than originally perceived. Sometimes, the seller will pay some of the closing costs, like the appraisal evaluation or inspection of the home’s condition for its market pricing. It helps to have a general understanding of what else you are paying beyond the listing price for your budget.
What are the Days on Market?
This is a helpful piece of information to gain, as it could potentially lead to negotiation. The Days on Market may influence the seller’s openness to price negotiation or other conditions around the home sale. If a home has been sitting on the market for a long time with little interest, it’s evident that it may be overpriced, or there is not enough demand for the supply of properties on the Victoria market. The seller may be more willing to lower the price if their D.O.M. is a high number, so knowing this can put you at an advantage.
Why is the current homeowner moving?
It helps to hear the reasoning behind why someone would be moving out of the house you are considering. You’ll want to know if their motives for leaving could influence your experience living there. You may gain more insight into potential flaws in the home, or you could find out they’re leaving for reasons unrelated to the quality of the property or neighborhood.
When was the home last renovated?
Major home renovations or repairs can be expensive. When buying a new property, you will want to avoid the additional hassle and billing associated with addressing maintenance issues. This is why it’s important to know if the current owners have recently renovated their home and conducted essential repairs.
What is it like living in this neighborhood?
The quality of the house may sell you, but consider what is surrounding it. Your neighbors and other factors in your neighborhood could be major influences on your experience in your new home. The answer to this question will inform you of whether you will find serenity, fun, access to services, etc. if you choose a property in that area. If you’re unfamiliar with the area, then working with a professional like the Top Realtor in Victoria BC, is one of the best ways to ensure everything goes smoothly. We can help you the absolute best property for your needs.
What is the major highlight of this home?
Last but not least, this is a general question, but its response could be the final selling point of the home. Hearing the seller or homeowner’s personal favorite part of the home could help you notice a valuable feature that you may not have noticed before, which could end up convincing you to submit an offer.
House Hunting in Victoria BC
If you need help finding answers to these questions and others while house hunting in Victoria, then consider working with the best realtor in Victoria BC, Brad MacLaren. He will gather all the need-to-know details to ensure you are more than happy with your next property purchase. With guidance from the best real estate agent in Victoria, BC, you will surely be satisfied with your beautiful new home. Learn more by contacting him today.