Anybody who is looking to invest in real estate is fixated with finding the best home for themselves, but it is very important to look at real estate from a long term view and not just from a short-term perspective. There are many misconceptions that people have about what makes a good home builder.
When you scourge websites and Sunday circuits for properties, you should remember that you might also have to sell that property some years down the road and therefore, the decision needs to be taken very carefully. These are a few things that you should keep in mind when choosing your home:
The location of the apartment is what matters the most. Even if you have the most beautiful house in the world with stunning amenities and modern decor accents, if the location isn’t suitable (if the house is not in a good district or near any good schools and hospitals or lacks access to public transport etc.) there is a high chance that it would be very difficult to sell that house. For instance, residential projects by Gulshan are known to be located in the most prime locations and hence are in high demand in the real estate market.
The school district
One of the most important things for both real estate buyers and sellers is the proximity of the property to a good school. In fact, many even start their search by narrowing down on the best school districts in the city and then do further research. Even if you don’t have children, investing in property in a good school district could turn out to be profitable since these houses hold their value, and it might even go up over the years.
The walk ability factor
One of the latest things that have emerged is ‘walk ability’, which refers to the amount of time it takes for you to walk down from their future house to the nearest market, school, hospital, mall etc. With traffic on a perpetual high and parking lots becoming more expensive by the day, people prefer to walk to some places to save on their time, money and effort.
Keep the above checklist in mind as you house-hunt and you will definitely score a sweet home for yourself!