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What You Need to Know Before Buying Your Next Home

Space Simply, What You Need To Know Before Buying Your Next Home

Buying a new home is an exciting and life-changing experience. As we enter peak home buying season here in Des Moines, it is not only important to make a sound purchase financially, but the “right” purchase for you and your family. Breaking down every aspect of the home is helpful in making sure it not only compliments your lifestyle but that it also fits the mold of your ideal home. Here are the key factors to consider as you think about your next home.

Location

Location of a home is typically the thing that people think about to most. It is one of the most important factors to the home buying process and for good reason. From the distance to your workplace, the school district, to the families and residents within the neighborhood, the location of the home you are looking to buy is essential. Ensuring that your home is close to everything you need and want should take top priority.  

Price

When it comes to making a big investment (like buying a new house!), ensuring that you are paying the price that is right for you and the property is important. Avoid making a bad property deal by researching similar properties within the area to know what the average price is for the home before making a deal. Then take the time to understand how much you should spend on a new home

Storage Space

The need and want for storage space varies from person to person and family to family. Breaking down and knowing how much storage you will need from your next home will be beneficial for you and your loved ones before beginning your search as well as finalizing on a home. 

Hidden Costs

Whether you are looking to invest in a stand-alone property or a property that requires you to pay an association fee, it is important to be aware of your required monthly/yearly costs. While house hunting or beginning your search, check in with your real estate agent for the full breakdown of the costs required when buying that specific property. 

School Systems

When buying your next family home, researching the school districts around the home is crucial. Whether you have young or older children, or you are planning for your future kids, keeping this in mind when house hunting will be useful. 

Pest Problems

Before buying a home, it is important to consider the location of the home and what pests could be causing problems within the structure. If there is a severe pest problem, especially wood destroying pests, it can cost thousands of dollars to remove them and fix the structure of the home. If you are ready to close the deal on the home, look into having a pest inspector go through the property to ensure you are not getting yourself into trouble. In most cases, you can request for the seller to pay for this expense. 

Condition of the Home

Understanding the type of home you want to purchase will be helpful before starting your house hunting process. Whether that be a fixer-upper or one that is move-in-ready, knowing your wants and needs of the condition of the home is important. Keeping in mind that older homes typically require more maintenance and upkeep compared to newer homes will be valuable 

Current Market

As we all know, the housing market rises and falls throughout the year due to supply and demand. Know when you want to start your search for a home and when to buy; this will not only save you time but money. Hint: In Des Moines, the best time to buy is in the fall! 

Are You Ready to Make the Big Move?

Whether you are ready to buy a home now, or you are just beginning the search, knowing what to look for throughout the process is invaluable. Learn about the home-buying process with Space Simply and begin the search for your dream home while it is a buyers market! Still have questions about Space Simply? Check out our FAQ for more information or give us a call at (515) 423-0899!