If you are very keen on moving into a new house, you first need to figure out where you want to move to and what price you are willing to pay.
All experts say that you have to study the area you want to enter, research what similar properties have recently sold for and what is happening around the area. The last thing you want to do is to put down a deposit on your dream home, only to find that a new shopping complex is being planned for a vacant lot across the road.
It's worth spending time investigating whether any of your potential neighbours have recently had any planning applications approved by the local council - after all, you wouldn't want to be surprised if your private rooftop oasis was suddenly visible from your neighbours' new third storey!
Even if there are no any developments planned within the reach of your potential dream home, search wider for properties that are similar to yours in the area. Look at what they sold for, and compare it to the property you have in mind.
Compare features like pools, land sizes, yard space and all the other things that go into what makes a home a home. Which has a better view? Which is closer to the main road? By comparing all the variables and consulting with an experienced Ray White real estate agent you'll be able to get a true value.
While buyers have been known to stretch their budgets for homes they feel particularly passionate about, it's important that you don't overpay. Asking around and doing your research can help you determine whether the vendor is quoting a realistic market price.
Apart from developments, be sure to look at the suburb for things that make living in that area more comfortable. Look into shops, schools and other amenities that make the suburb a nice place to live.
A little bit of effort at the outset can pay off later down the line - and ensuring you have all the information you need can empower you to make an educated decision about your next property.
Talk to your local Ray White real estate agency about how they can assist you in making the transition into a new home.
