Some Things To Consider When Buying A Home
When you start your search for a new home, you’ll have a list of some essential features you want, whether it’s a certain number of bedrooms or a large garage. However, some factors may not have crossed your mind. Before buying a home, make sure to weigh these considerations in your decision.
Noise
While a neighborhood may appear peaceful when you visit it, the noise levels can change throughout the day. It can be helpful to visit the area at various times throughout the week. Consider the distance between the home and neighbors or busy streets. A highly traveled road can make your living environment particularly noisy. If the house is too close to a neighbor’s home, you may have to deal with a loud television, music, and late-night conversations. You may also discover other nuisances, such as low-flying planes if you’re near an airport or blaring train horns near railroad tracks.
Storage
Older homes may have smaller closets and limited storage space, and adding storage may take away from your living space. If you need an abundance of storage space for clothing, sporting equipment, or holiday decorations, a more modern home may better suit you, as newer houses tend to have larger closets and more storage space.
Natural light
Don’t take natural light for granted. While you may have alternative sources of light throughout your home, having an abundance of natural light can lower your electric bills, as well as improve your mood and productivity. When searching for a home, check every room to see how light enters the house. Consider the position of windows and how this affects light throughout the day, and if there is any outside interference blocking light from entering.
Encroachment
It’s important to learn if any part of the property infringes on a neighbor’s land or vice versa. Encroachment is when a homeowner’s property extends into their neighbor’s yard, whether on purpose or as an oversight. Driveways, fences, sheds, retaining walls, and landscaping are common encroachments. It is crucial to understand who created the encroachment, if there is an agreement known as an easement (see below), and how long the encroachment has been in place.
Easements
A property easement is a legal agreement that allows a person or group to use a piece of land owned by someone else for a specific purpose. There are various easements, such as those between neighbors to access a road or those between a utility company and property owner to access an electrical pole. You’ll want to make sure you know of any easements before buying a home to help avoid potential conflicts in the future.
Cell phone reception
It never hurts to pull out your cell phone when you’re house hunting to make sure you have reception. The last thing you want is to move into a home located in a “dead zone” and not be able to use your cell phone. If a house is in an area where you have bad reception, you might be able to use a cellphone booster or enable Wi-Fi calling on your phone to overcome the dilemma.
Property taxes
Property taxes can vary drastically from one area to the next. If you’re looking at homes on the border of a city or county, it may be beneficial to check the average tax rates between the areas, as property taxes can impact your monthly mortgage payment.
When you’re searching for a new home, it can be helpful to understand the real estate language. Use this guide of common homebuying terms to help you better navigate the process.
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Engel & Völkers Atlanta
1745 Peachtree Street NW
Atlanta GA, 30309
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