When you have a specific house in mind, think about potential developments. For example, if the home is near a busy road, will there be expansion in the near future? If there is a lot of open space around the home, will more homes be built in the area soon? If there are several homes for sale in the neighbourhood, are they selling quickly and who’s moving in? It may be difficult to find concrete information about future developments, but keeping some what-ifs in mind as you look can help you find your ideal home. Also, keep in mind the potential resale value of your future home because no one knows what the future holds and you may need to sell earlier than you imagined.
The 36 biggest regrets of first-time home buyers
It’s easy to overlook some small yet important things when you’re excited about buying your first house – but you’ll probably regret it later.