Above: Beach Erosion – Who wouldn’t like to own a Beach Home? However, “Once a property’s beach access is gone, the value of the house decreases significantly”. Photo Courtesy: Kevin Dooley
People need to be careful when they buy a new home because it’s easy to make a big mistake. I’ve showed them a few external factors they have to take into consideration before making any big decisions.
Do you know why some people make a big mistake when they buy a beautiful home? They only focus on what is in between the four walls and they forget about everything else that is happening on the outside. The reason certain external factors are important is because you don’t stay locked in your home all the time. Let’s look at some of the things you should take into consideration because it might mean you need to forget about amazing homes that appear on your radar.
1. It’s next to a horrible factory
The next time you walk past a factory you should look into the sky because you will see a massive cloud of pollution above the chimney. The factory will probably keep pumping out harmful gases 24hrs per day. Do you really want to live somewhere with this much pollution? I know some places aren’t known for clean air, but having a home next to a factory is going too far.
2. The view is atrocious
You might love your home, but what will happen if you don’t like the view from your window? It means you won’t want to look outside, and if you do, it will make you feel like crap. Nobody is saying you need to live next to a castle on a tropical beach, but you just want to live somewhere that doesn’t force you to keep your curtains closed so you can’t see what is outside.
3. Your hobby is ruined
Would you like to buy a most beautiful home even if it makes you move so far that you have to give up your golfing? I didn’t think so! Photo Courtesy: Steve Jurvetson
You might have a hobby you love more than anything else in the world. It’s the thing that gives your life purpose, so if you move somewhere and you’re unable to keep doing it, you’ll be ruined. It means if you love snowboarding, you shouldn’t live where it’s warm. If you do martial arts, your home should be close to a good studio where you can train. Don’t give up your hobby for anything.
4. It’s miles to the nearest school
This one only applies if you have children or you’re thinking about having them in the future. If you need to get up early for work, you don’t want to go on a big detour to drop the children off at school. It’s also important that the school has a good record because you don’t want your children to have low-paying jobs for the rest of their life.
5. You don’t like the people
Before you buy a new home, it’s important that you take a look around the neighborhood where you’ll be staying. Some people also like to go at night because it might be completely different. If you see people hanging around and drinking on the street, it’s not a good sign. If you don’t like your neighbors, you don’t want to feel trapped in your house all the time.
6. Everyone is leaving
If there are lots of houses on the market, it’s probably a bad sign because everyone must be trying to get away. Even if your new home will cost less money, you have to take into consideration what the town will look like in a few years’ time. Some places get left to rot because there is no reason to invest money into them if nobody wants to live there.
Is it really your dream home?
I know it’s frustrating when you find a home you love and external factors mean you should forget about it. You just have to realize that a home is only a small part of the equation. The most important thing is that you enjoy your life to the fullest, and that means everything must be perfect. You need the full package, so you just have to keep looking until you find it.
Stuart Miller is an estate agent at MarkRichards Team, a firm for real estate agents in Toronto. He is an ace pianist and plays the piano in various restaurants in his spare time.