Moving into new house is a big decision in someone’s life, especially for a young adult.
From the size and layout of the house to the neighborhood and school district, there are a lot of things to think about.
In this article, we will discuss 8 of the most important factors to consider before moving into new house.
Consider These 8 Factors Before Moving Out!
Above all of the factors you have to consider before moving into a new house, it’s how much you could pay for monthly rent or installments.
A house or apartment isn’t cheap, neither are the supplies to furnish a place completely.
Apart from that, other financial factors such as credit score, an emergency fund, and others should be taken into account as well.
By considering all of these, only then you should consider going for it.
Still didn’t get it? To put it simply, start by figuring out your gross monthly income before tax and EPF. Then, make sure your rent or monthly installment does not exceed 30% of this number.
You can move to wherever you want, but will it be easier for you to commute to your workplace daily? Will it be near to all amenities?
With all options available, it can be overwhelming to choose where you should live.
So, don’t forget to consider the commute time to your common destinations, including work, grocery stores, public transports, and your loved ones.
The third factor you should consider is the size of your dream home.
You can’t just decide whichever apartment or house of any size, moreover when you have a large family or are planning for children in the future.
A smaller house is suitable for a single or a couple without children, but for a big family, you should consider a bigger option.
This factor applies to a house or apartment that has a few previous tenants before you.
Surely you don’t want a home where there’s a lot of dysfunctionality, peeling paint, cracked tiles, or damaged appliances.
If amongst your options are those kinds of houses, run a home inspection to get a more thorough assessment of the home’s condition.
When considering a place where you sleep, eat or rest everyday, inevitably you need home’s features that meet all your needs.
Although many details need to be considered, you’ll thank yourself for the effort you put into finding a perfect house.
Here’s the essential things you should consider beforehand:
- Do you want to live in a large or small community?
- Do all the amenities you need are near or within your apartment/house building (i.e, pool, gym, laundry facilities, park)
- How many bedrooms do you need?
- What house features (i.e, wall painting/wallpapers) complement your style?
- Which apartment do you prefer?
- A share-house or renting alone?
Every house needs a monthly or annual maintenance to be taken care of. Necessarily, you need to spend some money to maintain your house condition.
So, ask yourself – how much time and money are you willing to spend on maintenance?
For example, homes with yards and pools require more maintenance than homes without these features.
7. Watch out for rental scams!
The rental industry is so large and there are many inexperienced applicants out there who don’t know about common rental scams.
Be that as it may, you can avoid rental fraud scams by knowing how to identify them.
One of the absurd claims you should be aware of is the “Too Good to Be True” scam.
It’s a common life advice to understand that if something sounds too good to be true or funny as it sounds, it probably is.
If you see a rental listing that is offering out with rates below the market rate or seems lax on requirements for applicants, run the other way.
Both of these literally imply that the landlord is desperate to get anyone into the unit.
8. Your gut feeling
It’s easy to get caught up in the excitement of moving to a new house and overlook potential problems.
However, your gut feeling can help you identify potential problems before you make an offer on a house.
For example, you may get a sense that something is “off” about a house, even if you can’t put your finger on it.
This could be a sign that there’s a problem with the house, such as a structural issue or a mold problem.
In conclusion, moving into a new house is literally a big decision.
It’s important to consider all of your options and make a decision that’s right for you.
By considering these factors, you can make an informed decision about whether or not to move into a new house.
Moving to a new house can be a stressful experience, but it can also be an exciting one.
To anyone who’s moving into a new house, Matdespatch is here to help!
Click here to find out more!