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Purchasing a house is like planning a huge wedding ceremony—it has several months of excitement attached to it. There’s a fair amount of stress in the planning work you have to go through.
All of us have or will have to go through this phase in our lives when we’re searching for a place to settle down. A few factors to keep in mind before purchasing a home are mentioned here:
Check out the area:
Once you look at the building carefully and develop a liking, run a detailed analysis of the nearby landscape.
Look for the resistance it offers for flooding and other natural disasters. The driveway should be enough to help you with your transportation needs.
It’s an add-on if the house has a fence wall around it for safety. Also, if there are fences, are they positioned safely?
Look for a well-insulated house:
The Golden Eagle homes for sale you consider should be comfortable for you and your family.
Take a detailed look at the attic and water pipers. All the ducts and pipes should be properly insulated because that will decrease your cost of maintaining the heating and cooling system by a mile.
Having double paned windows also offer a fair bit of savings. They also make the place soundproof, enhancing the comfort level.
Location of the House:
The quality of the location will influence the renters attracted to your home and its future value as an investment.
The most important factor for making any real estate investment is its location.
Different things play a role in this factor such as access to transportation, schools, hospitals, shopping malls and restaurants.
If the location offers more convenience to the renters, there will be more in it for you as an investor.
Safety is the first thing every individual or family is looking for before purchasing a property.
Nobody would want to live in a neighborhood that isn’t safe.
You can do this by visiting the local police station and looking a look at the crime stats for the area.
Statistics Canada is also a useful resource to find crime rates in different areas of the country.
The project consists of 25-unit affordable townhomes spearheaded by the Aboriginal Centre (NAC). It will sit on a property in Bowed Road, close to Pryde Avenue. Director Chris Beaton of NAC said that the project aims to assist residents from rural areas to get acclimatized to an urban setting.
That is home to about 90,000 residents. It is but natural for someone from a different locale to feel some degree of alienation upon relocation to a more populated area with a different culture. There’s going to be some sort of culture shock.
The housing complex is designed to have about 50 bedrooms. This number alone will help fill up an existing void in budget-friendly housing complexes for rent in the area.
Beaton added that the Centre has not undertaken this type of project for so many years now despite the fact that has experienced so much growth through the years. He is glad NAC can help address existing demand.
The budget allocation is a little over $6 million. He estimates that the project will be completed in less than a year. Prospective residents may submit their applications about five months from now.
The Director made it clear that the housing complex is not limited to Aborigines. It is actually open to all residents who wish rent a home at a very reasonable rate.
The cost to rent a unit shall be regulated as it will cater to low-income groups.
The townhomes have two levels and are built to accommodate the elderly, low-income families with very young dependents, and young individuals who are ready to take on an independent lifestyle.
Amenities and common areas such as playing area for kids, garden, and courtyard will also be constructed.
The Tallahassee realtor had this to say: “it shows the demand for homes is rising and with markets like the mainland Vancouver softening, this can only continue to benefit and surrounding areas.”