These days, it can be difficult to know if a house is really worth the listing price. Due to the market, many houses aren’t! But how can you tell if a house is actually worth the price of admission? Are there a few quick, simple things you can look for that tell you whether or not the house should be as costly as it is?
In point of fact, there are, indeed, a few quick and simple things you can look at! The first thing you should look at is the neighborhood in general. Where is the neighborhood in regards to the rest of the city? Is it close to large urban areas or suburban places like Upper Thornhill Estates? Can you easily get to numerous shopping outlets and “hang out” locations such as coffee shops and cafes? If yes, then the house is probably worth a little bit more. Houses that are close to the action, so to speak, can bring a great deal of benefit to people. Where as houses that are far out in the country, away from the city and away from shopping outlets, tend to cost a bit less.
The next thing to look at is the general crime rate of the area. If the area has somewhat higher than average rates of crime, that could be a sign you shouldn’t pay as much money. It doesn’t necessarily mean your house won’t be safe. After all, average does not mean that every single house will be broken into. But it does mean there’s a higher chance of it happening, which means the seller shouldn’t be charging quite as much money.
The next thing to look for is general lawn maintenance. Even a simple lawn with nothing but grass can be costly and time consuming to deal with. A lawn with a huge garden and a multitude of interesting plants may make the place look nicer, but it will also add more work to the new homeowner. This means that if you’re buying a house with a huge, interesting lawn, you have to be prepared to either spend your own time and energy in maintaining it, or spend money hiring someone else to maintain it. Either way, you should factor that into the cost of the house.
Lastly, you should make sure the house is in generally good repair. Most sellers will try to fix all the minor problems before they sell the house, but you never know what you might find if you’re paying attention. Simple leaks and breaks in flooring or roofing can be easy to miss if you’re not careful, and can absolutely bring down the general cost of the house.
In the end, it’s all about location and service. If the house is in good repair, and in a good location, it’s going to cost a little bit more. But then again, good location can be different depending on what you’re looking for. So know what you’re looking for when you go into house shopping, so you don’t become disappointed.