Your Compete Property Buying Guide 9 • Are you too close to neighbours? Can you easily hear them through the walls? • Are certain windows placed directly opposite a neighbour’s window? • Is the property fenced off fromneighbours? The location Locationmeans more than the general neighbourhood. Youmay be attracted to the area, but take a look at the property’s exact location for things that may bother you long term, affect re-sale value, or cause lifestyle issues. Things to consider: • The property is on a busy main road. Houses on main roads can attract lower prices than those on quieter, private and less congested roads. You’ll also have to get used to the noise of heavy traffic. • The property is next to a retail or commercial space. This can cause issues with local business traffic and, depending on the type of business and business hours, there could be additional noise. Also bemindful of properties that are next to land that may be zoned as retail or commercial. Your local Harcourts sales consultant will have this information. • The property’s proximity to a train line. A home close to public transport is always convenient, but a home that shares a border with a train line, for example, can result in a lot of excess noise, potentially affecting re-sale value, and cause potential safety issues for young family members. • Power lines over the property. Sometimes found on larger parcels of land, power lines have been known to reduce property prices as they are unsightly, sometimes noisy and there are claims that living close to power lines long termmay cause health issues. • The property is on a flood plain. Depending on the location, climate and proximity to dams, lakes and watercourses, the potential for flooding on the property will be different. It is important to note that duringmajor floods, houses in the same street (let alone the same neighbourhood) can be affected differently depending on their position, the design of the house, and the presence of hills and slopes. These are just a few of the things to consider when going through an open home. After inspecting a property, continue to do your due diligence. Start to research any areas you’re still unsure of.
RkJQdWJsaXNoZXIy MTI3ODI1