Things to Consider When Buying A New Home

For many people, buying a new home is one of the biggest financial commitments that you are likely to make over the course of your life. When such a financial commitment is at stake, you want to make absolutely sure that you are becoming the owner of something that has potential and doesn’t have anything seriously wrong with it. 

Be wary of some sellers, as they won’t always be willing to be completely honest in an attempt to make a sale! Here at Percival, we have all of the expertise and advice that you will need in order to start your home search on the right foot. Here are some of the biggest things to consider when buying a new home and looking for real estate in Port Macquarie.

  • Just how much work do you think will need to be done to the property to bring it up to your standards? This needs to be a key consideration with looking at property because you don’t want to end up in a situation where you buy something that needs $30,000 worth of work unless you are looking for a renovation project. If you’re looking at a new build, there should be minimal work to do, if any. 
  • Don’t forget to haggle! This is especially the case if a property has been on the market for a long period of time. If the offers aren’t flooding it, then you can afford to throw something a little lower into the mix to see if it gets accepted. Don’t feel awkward about doing this; it’s the nature of the game!
  • Don’t only consider the house. Consider what is around it in your immediate environment. Is there a stream at the bottom that poses a flood risk? Are there good public transport links? If it’s a family home, what is the school district like? What about the commute to work? All of these things add up to reveal a truer picture of what living in the house might be like. You need to look past the build itself and take everything else into consideration too.

If you are on the lookout for quality real estate in Port Macquarie, then please don’t hesitate to get in touch with us. We pride ourselves on providing the best real estate experience in the area, and there will always be a member of the trained and experienced team on hand to answer any questions that you might have.

 

buying a new house