Making the Most of a House-Hunting Trip
For some people, looking at open houses is a
fun, leisure-time activity. However, when you’re
relocating to a new city, a much more
business-like approach is appropriate. You may
have to complete your house research and come to
a decision in the space of one or two weekends.
The secret to a successful house-hunting trip
is to be as informed and organized as possible
before you go so you can have a focused and
productive trip. Here are some tips:
- Essential house
requirements: Make a list of the
essentials you want in a house, e.g,:
- number of bedrooms
- number of bathrooms
- square footage
- age of house
- style
- number of floors
- garage
- lot size
- Essential
neighborhood requirements: Make a
list of the critical requirements for your new
neighborhood, e.g.,:
- commuting time to work
- school requirements
- community demographics
(age, education, lifestyle)
- population density
(urban, suburban, rural)
- community institutions
that are important to you (being close to
entertainment, places of worship or other
amenities)
- City map:
Obtain a map of your new city, and try to
become as familiar with it as you can.
- Neighborhood
research: Get an idea of which
neighborhoods are likely to meet your
requirements. If you can, talk with other
people who already live in your new city.
- Price range:
Determine what price range of homes you want
to look at. Do some research to find out what
house prices are like in the area you’re
moving to. It is important to arrive on your
house-hunting trip with a realistic
expectation of what you will need to spend in
order to afford a home in a neighborhood that
meets your requirements.
- Real estate
agent: Interview real estate agents
by phone before you make your trip. Decide on
an agent and work with that agent to plan your
trip.
- Reality check:
Make sure that the real estate agent
understands your neighborhood requirements and
your price range and that your agent believes
that your price range is realistic.
- Priced to sell:
Tell your agent that you only want to look at
houses that are priced to sell. Some home
sellers over-price their listings. You don’t
want to waste time or confuse yourself by
looking at houses with unrealistic asking
prices.
- Checklists and
notes: When you go on your
house-hunting trip, take along your lists of
essential house and neighborhood requirements,
your map, your research notes concerning
communities (schools, amenities, etc.) and a
house-hunting checklist. This checklist is a
list of key features of houses, so that you
can take organized notes on every house that
you visit. You can use the map to mark
locations of houses.
With good planning and the right real estate
agent, you can accomplish a lot on your
house-hunting trip.
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