Over the past year, 43 houses have been sold in Kandos at a median sale price of $361,000, which has experienced a 15.5% annual increase. The average time to sell a property in the area is around 29 days, and the vendor discount rate has been recorded at -4.6%.
Buying a home is an exciting milestone for many people in Kandos, but it can also be a stressful and overwhelming experience.
House hunting can feel daunting, with many factors to consider, from location and price to size and style. However, with some preparation and expert advice, finding your dream home can be an enjoyable and rewarding process.
The following points will provide some tips and strategies for navigating through Kandos real estate to help you find a home you’ll love for years.
Set Your Priorities
Before you start browsing listings or scheduling showings, you must define your priorities and preferences for your future home. Take some time to reflect on what you’re looking for in a home, such as the number of bedrooms and bathrooms, the size of the yard, the style of the home, and the location. Consider what features are non-negotiable and what you’re willing to compromise on. This will help you narrow down your search and save time and energy in the long run.
Get Pre-Approved for a Mortgage
One of the essential steps in house hunting is getting pre-approved for a mortgage. This will give you a clear idea of your budget and help you avoid falling in love with a home that’s outside your price range. Contact several lenders to compare rates and terms, and provide them with your financial information, including your income, expenses, and credit score. Once you’re pre-approved, you can confidently shop for homes within your budget.
Work with a Real Estate Agent
While it’s possible to search for homes on your own, working with a real estate agent can save you time and money in the long run. An experienced agent can help you navigate the housing market, provide insights into local neighbourhoods and schools, and negotiate with sellers on your behalf. Look for an agent who has experience working with buyers in your price range and who is familiar with the area where you’re looking to buy.
Do Your Research
Before you start scheduling showings, research the neighbourhoods and homes you’re interested in. Look up local crime rates, school ratings, and property values. Consider the commute time to your work or other daily destinations. Use online resources, such as Zillow or Redfin, to browse listings and get a sense of what’s available in your budget. You can also drive around the neighbourhoods you’re considering to get a sense of the vibe and atmosphere.
Attend Open Houses and Showings
Once you’ve narrowed your search to a few neighbourhoods and homes, attend open houses and showings to get a closer look. Take note of the home’s condition, layout, and features, and ask the listing agent any questions. Take pictures and videos to help you remember each home and compare them later. Paying attention to your gut feeling about each home is also essential. If a home doesn’t feel right or has major red flags, it’s best to move on.
Once your offer is accepted, it’s time to finalise the purchase. This typically involves a home inspection, appraisal, and finalising your mortgage with your lender. Work closely with your agent and lender to ensure a smooth and successful closing. Remember to purchase homeowner’s insurance and plan for moving expenses.
In conclusion, house hunting can be an exciting and rewarding experience if you approach it with the right mindset and preparation. By setting your priorities, working with a real estate agent, and researching all the Kandos real estate properties, you can narrow your search and find a home that meets your needs and budget. Consider your future needs, take your time, and make a well-informed decision.