Buying a new house is an exciting prospect. However, it’s also a lifetime investment. For this reason, when searching, you need to do your due diligence.
House value is driven by a number of different factors. If you don’t fully take these factors into account, you can end up getting burnt financially.
The question is, what factors should you keep in mind when buying a house? What do you need to keep your eye on? We’re going to answer those very questions below.
Here are the things to look for when buying a house in Vancouver.
These are the Things to Look for When Buying a House
When looking at a home, you must assess both its interior and exterior as well as the environment that surrounds it. During your assessment, make sure to focus in on the following.
A Solid Foundation
If there’s one thing you’re going to look at when assessing the quality of a home, it should be its foundation. If a home’s foundation is old and crumbling, the home should be avoided like the plague.
Why? Because once a foundation goes, the rest of the home goes with it. What this means is that should the home’s foundation deteriorate early in your ownership of it, you’ll have to spend substantial amounts of money in order to fix it.
While you might be capable of checking a foundation on your own, you’re advised to hire a professional inspector to do it for you.
A Quality Location
Another important aspect of a home is the location in which it exists. Not only do you want the home to be in a safe area in terms of crime, but in terms of traffic and neighboring activity as well.
For instance, if you have kids, you probably shouldn’t buy a house that’s located on a high-speed, four-lane road. At the same time, for your own sake, you don’t want to live in an area in which car break-ins are common.
A Suitable Geography
Arguably just as important as the location of a home is the physical geography of a home’s allotted property. The physical geography surrounding a home will directly affect its ability to thrive.
For example, if a home is built on a hilly property, it will constantly be vulnerable to flooding. On the other hand, if a home is built on a flat property, it will be accompanied by exceptional drainage. In other words, flooding won’t be a concern at all.
Potentially Troublesome Trees
Another thing to look out for in the house’s allotted property is the plants which exist on the property. In particular, you have to keep a look out for potentially troublesome trees.
As you well know, trees grow over time. If they’re in too close of contact with the house itself, their branches and roots could eventually make physical contact with the house’s foundation, siding, roof, and windows.
A Well-Functioning HVAC System
These days, heating and air conditioning are a given in most homes. When buying a home, you’re paying not only for it and the property that it sits on but the HVAC system which is connected to it as well.
For this reason, you want to make sure that the home’s HVAC system is in good shape. Ask about its age, research its make and model, and ensure that it’s going to provide you with high-quality heat and air for the coming years.
Along with the home’s HVAC system, you’ll also want to check its plumbing system. This includes everything from its sinks, to its toilets, to its water conditioners, to its pipes, and otherwise.
A well-established plumbing system is important not only for financial purposes but for home protection purposes. For instance, if a toilet has a leak, it could cause the wall and ground in its proximity to experience oversaturation and decay.
While you could check the plumbing on your own, it’s recommended for you to utilize professional inspection services.
Sufficient Electrical Work
A home’s electrical work is hugely important to its overall operational capabilities. Shoddy electrical work is not only a functional problem, but it’s also a safety hazard as well.
For this reason, it’s vital that you assess your prospective home’s electrical system. In addition to checking outlets and lights, you’ll also want to make your way into the walls to assess the wiring. Odds are, you’ll need a professional electrician to help you with this inspection.
When added up, home appliances are valued at thousands upon thousands of dollars. This is why, when buying a home, you want to make sure that it’s appliances are functionally sound.
Not only should you ask about how old they are, but you should also test their functionality. Do this for the refrigerator, the dishwasher, the oven range, the washer and dryer, and any other appliance that you come across.
Energy Efficient Windows
Windows are expensive. A single window will usually set you back a few hundred dollars. The last thing you want to do after buying a new home is to install new windows.
This is why, when inspecting a home, you want to pay close attention to its windows. Not only should you inquire about the year of their manufacture, but you should also stand next to them to ensure that they’re not drafty.
When you really stop and think about it, it costs a lot of money to insulate a home. Not only is insulation provided by interior insulation, but by siding and roofing materials as well.
So, when looking over a house, it’s of utmost importance that you properly assess these entities. In addition to giving them the eye test, you should also ask about their age.
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There they are, the things to look for when buying a house. If you keep these things in mind while searching, you should be able to find a great home at a reasonable price.
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