How To Get The Most Out Of An Open Home

February 28, 2017 |
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So, you’ve been saving for a house deposit for the last few years, and you’re finally ready to take the plunge and start looking seriously at properties.

It’s an exciting time, but it can also be a little bit overwhelming. There’s so much to take in, and so many different facets to consider that it’s difficult to know where to start when perusing the different options currently on the market.

One part of the process that many first time buyers find tricky is the open home process. These only last for about half an hour, and how are you supposed to make a decision on whether you want to move on a property in such a short space of time? To help out, here are a few top tips for getting the most out of an open home.

A desirable area can markedly increase a property’s price.

Research the area

If you’ve looked at the photos online and are interested in a property, the first thing to do is look at the wider area. You’ll want to know what schools are nearby, what the local amenities are and what recent sales numbers have looked like. All of these different pieces of information will help you make a more informed decision about the property when you see it in the flesh.

Consider flow and layout

Will you be next door to your kids, or will they get their own floor for privacy? How far will you have to walk to go to the bathroom if the master bedroom doesn’t have an ensuite? These practical considerations are one of the main things you should be considering when exploring. A lot of buyers are surprised to find that the house either exceeds or doesn’t live up to their expectations when viewed in person. As accurate as the advertising pictures may be, they rarely manage to capture the ‘flow’ of a property. This has a lot to do with layout, and it can be very useful to think carefully about the flow when you’re walking around the open home.

Think about renovations

A lot of potential buyers leave an open home thinking about how perfect that house would be if they could just make a few renovations. However, not everybody considers the costs of undertaking a home makeover on top of the purchase price. If a property is only interesting because of its potential, it may be worth waiting for something that already ticks all your boxes and won’t cost an arm and a leg to redecorate.

Renovations can quickly tip a property into the ‘too-expensive’ category.

For more information on how to choose the perfect property, contact Laing+Simmons today.

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