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Questions About Your New Home You Haven’t Thought Of

Questions about your new home you probably haven't thought of

If you’re in the process of buying a new home, you’ve probably done a fair amount of research on the essential questions to ask as you shop around. Anything from inquiring about down payments, mortgage rates, to neighbourhood features and the like are probably all there on your list.

But there may be a couple questions you haven’t thought of that could be helpful in your search. Fortunately, we’ve thought of them for you:

Is the new home eco-friendly?

If you’re thinking of buying a new home, you likely can rattle off statistics about the number of rooms, lawn features, asking price and much more. But do you know how eco-friendly your home is?

Asking about energy sources, water consumption and building materials from a green perspective won’t just help you feel better about your new home purchase, it could also inform you about how much you’ll be spending on bills and renovations in the future.

Going green is also good for your wallet. With energy prices going up, looking at ways that your can power your home in a more sustainable manner will give you more control over the costs you pay.

What are the other houses on the street like?

You’ve probably investigated the local shops, cafes, restaurants and school districts, but it’s also important to take a look at the other houses on the street.

Though you’re likely not thinking much about selling the house you are about to move into, there may come a day when you want to move on to a different dwelling. Comparing your house to the others nearby will let you know whether you need to make improvements to stay ahead of the pack or whether you can rest easy knowing your house is in similar condition to your neighbours’.

What’s more, the value of the homes on your street directly impacts the amount you’ll be paying for your new purchase, which could have repercussions on how much you take out in a home loan and put toward your down payment.

What questions do you ask when shopping for a new home?

This blog post is for general information purposes only and is not intended as financial or professional advice. It has not been prepared with reference to the financial circumstances of any particular person or business and should not be relied on as such. You should seek your own independent financial, legal and taxation advice before making any decision about any action in relation to the material in this article.


1 comment on “Questions About Your New Home You Haven’t Thought Of”

  1. Shonna says:

    Great read!

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