Here are some tips to help determine which White Rock or South Surrey home is best for you.
Once you've settled on a couple of preferred neighborhoods for your
home search, it's time to pick out a few homes to view. Crescent Beach, Elgin/Chantrell Estates, Ocean Park or Morgan Creek are some of the nicer neighborhoods in the White Rock / South Surrey, BC area. Having a home features “wish list” keeps you focused on which features are most
important to you.
When narrowing down your White Rock home search, consider the following:
- know what types of home you want to buy
- determine what age and condition of the house you want to buy
- consider resale potential
- use a features wish list to keep focused
- use a home search comparison chart to keep organized
- act decisively when you find the right home
Determine What Type of Home You Want to Buy
There are several forms of home ownership: single-family homes, multiple-family homes, condominiums and co-ops.
Single-family homes: One home per lot.
Multiple-family homes: Some buyers, particularly
first-timers, start with multiple-family dwellings, so they'll have
rental income to help with their costs. Many mortgage plans, including
VA and FHA loans, can be used for buildings with up to four units, if
the buyer intends to occupy one of them.
Condominiums: With a condo, you own "from the
plaster in." You also own a certain percentage of the "common elements"
- staircases, sidewalks, roofs, etc. Monthly charges pay your share of
taxes and insurance on those elements, as well as repairs and
maintenance. A homeowner’s association administers the development.
Co-ops: In some cities, cooperative apartments are
common. With co-ops, you purchase shares in a corporation that owns the
whole building, and you receive a lease to your own unit. A board of
directors, comprised of owners and elected by owners, supervises the
building management. Monthly charges include your share of an overall
mortgage on the building.
Decide What Age and Condition of Home You Want to Purchase
Weigh your needs, budget and personal tastes in deciding whether you
want to buy a newly constructed home, an older home or a "fixer-upper"
that requires some work.
Consider Resale Potential
As you look at homes, you may want to keep in mind these resale considerations.
- One-bedroom condos are more difficult to resell than two-bedroom condos.
- Two-bedroom/one-bath single houses generally have less appeal
than houses with three or more bedrooms, and therefore have less
appreciation potential.
- Homes with "curb appeal," i.e., well-maintained, attractive
and with a charming appearance from the street, are the easiest to
resell.
- The most expensive houses on the street, or ones with
anything unusual or unique are not suited for resale. The best
investment potential is traditionally found in a less expensive, more
moderately sized home.
Use a Features Wish List to Keep Your Search Focused
Make a features wish list to clarify which features are most and
least important to you when looking for a White Rock home. Using this features
wish list will keep your house hunt focused and effective.
Use a Home Comparison Chart to Keep Your Observations Organized
While house hunting in the White Rock or South Surrey area, it's a good idea to make notes about what you
see because viewing several houses at a time can be confusing. Use a
home comparison chart to help you keep track of your search, organize
your thoughts and record your impressions.
Act Decisively When You Find the Right Home
Before you begin the home buying process, resolve to act promptly
when you do find the right house. Every Realtor has stories to tell
about a couple who looked far and wide for their dream home, finally
found it, and then said, "We always promised my Dad we'd sleep on it,
so we'll make an offer tomorrow." Many times the story had a sad ending
- someone else came in that evening with an offer that was accepted.
Resolve that you will act decisively when you find the house that’s
clearly right for you. This is particularly important after a long
search or if the house is newly listed and/or underpriced.
10 Steps to White Rock BC House Hunting with a Well-Trained Eye
It sounds like a great listing – in your price range – in a good
White Rock neighborhood – with features you’re looking for. First impressions mean
a lot – but you find the bushes are overgrown, the front hallway is
covered with tacky foil wallpaper, the kitchen cabinets are painted
dark brown, the living room rug smells musty, and the hardwood floors
have black water marks on them.
Should you head back out the door? Maybe. But to fully determine
whether you should cross this house off of your list you’ll need to
gather more information, and perhaps look past the blemishes to get a
full picture of this house’s potential. How do you do that? Follow
these 10 steps.
When narrowing down your home search, consider the following:
- Start with emotion, but end with facts. Buying a
home is an emotional process. You often find yourself trying to
determine if this is where you want to spend the next 10, 20, or 30
years of your life (and perhaps raise a family). It’s OK if your
initial impression is an emotional one. But because the purchase can be
the largest you’ll ever make, it is essential that you gather all of
the facts necessary to make an educated decision.
- Look for good bones. Don’t get hooked on the decorating.
The town or towns you are targeting for your home search likely have a
handful of builders who have built a majority of the homes. Get to know
the reputation of these builders. Then, before going to look at a home,
find out who the builder was. You’ll want to be careful when looking at
homes built by those with less than stellar reputations. Then, you need
to learn to look past the furniture, wall colors, window treatments,
and other decorating, and just look at the home layout and flow. New
cherry cabinets and granite counters matter little if they are in the
galley kitchen and you have a family of five. At the same time a family
room with black walls featuring a mural of the moon on one side also
matters little if it is big enough for your needs. Aesthetics are
relatively inexpensive to fix – major construction is another matter.
- When looking at room layout, corners are key.
Rooms with doorways in the middle of walls flow better than rooms that
open in a corner. Remember that when looking for your dream home.
- Make sure the most expensive stuff works. The two
most expensive rooms in a home to renovate are kitchens and bathrooms.
If you’re stretching to be able to afford a home and still eat, make
sure these two rooms don’t need renovating anytime soon.
- Take an inventory of what needs fixing. Good news:
With more houses on the market than in the past several years, you’ll
likely be able to look at more houses before making a decision to put
in a bid. Bad news: That means it can get quite confusing to remember
the details of each. Develop a list of things you like in the house as
you walk through each, and also make a list of things that might need
fixing (see "Keep Them Straight", right).
- Is there room for expansion? You might not be
concerned with adding onto the home you’re viewing today, but what
about tomorrow? Don’t necessarily exclude those that don’t have the
room and a logical place to expand, but do understand that you will be
limited in your options down the road.
- Does the basement leak? If you’ve been lucky
enough to live in a house with a dry basement (or perhaps without a
basement) it’s hard to imagine the havoc a wet basement can bring to
your life. If you’ve ever lived in a house with a leaky basement or
hate the thought of a foot of water surrounding your furnace, you’ll
likely be sure to check that the basement doesn’t leak, or has a system
that automatically removes water from it.
- What’s the condition of the home’s exterior? Does
it need painting, or is it sided? Does it have painted brick that’s
peeling? Is the aluminum siding chalking? Improving the exterior can be
costly. Check the exterior walls carefully before putting in a bid.
- Landscaping: Does it look like a park or a landfill?
Landscaping not only includes the grass, bushes and any gardens, but
also the hardscape – the sidewalk, deck and/or patio. People are
spending more time than ever outdoors and you’re likely no different.
Landscaping improvements can be costly, but is one area in which
homeowners often tackle projects themselves. If you have the time,
energy, and expertise you can save money by doing some landscaping
improvements. But costs can add up here – be sure to factor that into
your decision and/or bid.
- Check the zoning, nobody likes surprises. Too
often homeowners are horrified to learn that their tranquil
neighborhood is being invaded by multi-family housing, a big commercial
business, or a 24-hour convenience store. Before you put a bid on a
house, go to the town hall, city hall, or county register of records
and find out the zoning of all contiguous properties.
Keep them straight
Looking at a bunch of houses? With digital photography making it
easy and inexpensive to record images, be sure to take a digital camera
along, first taking a picture of the listing sheet so you can remember
which pictures go with which home, and then key elements of each home.
Also, make a checklist before you visit the first house so that you
can keep each of them straight. Here is a list of items you’ll want to
include (rank each as either excellent, good, fair, needs repair soon,
needs repair now).
- Kitchen
- Bathroom(s)
- Roof
- Windows
- Furnace
- Air conditioning
- Floors (rate by each level of home)
- Closet/storage space
- Plumbing
- Electrical (does it have 60, 100 or 200 amp service?)
- Basement
- Master bedroom
- Siding
- Garage
Then customize the list with your own “must haves,” for example,
fireplace, master bath, walk-in closet, two (or three) car garage,
dining room, open floor plan, eat-in kitchen, screened-in porch, large
(or small) yard.