Things to consider before buying a residential property

Regency Marketing
4 min readApr 25, 2022
real estate residential property investment

Residential property:

We are all aware of the term residential property and we all know what it takes to invest in a residential unit but still we commit mistakes while buying one. These mistakes become ignorable once we start living in that property or put it on rent as per our need.

Buying a residential unit:

Residential units constitute of house, flats, apartments and relevant structures. Before buying a residential unit one should be considerate of following factors:

  1. Owner’s Credibility
  2. Location
  3. Security
  4. Facilities
  5. Outlook of the house
  6. Interior of the house

You can also buy a residential plot in Park View City Islamabad location, or the residential block of Capital Smart City Islamabad. If you want to opt for Lahore city then you can go for Lahore Smart City residential area or Lahore Park View residential plots.

Owner’s Credibility:

The first and the foremost thing to be considered is owner’s credibility. Is the owner of the house trustworthy? Do you trust his word? Does he have a good repute? An owner’s reputation says a lot about the way he would deal with you. A fair person would not keep you in dark in terms of any flaw related to the asset and which charge you the right amount.

Owner’s reliability can be cross checked by getting in touch with his old clients (if any) or you can talk to anyone who can vouch for his professional conduct and mannerism.

Location:

Another important factor is the location of the asset you are going to invest in. Before buying any residential unit, make sure that the location is suitable and easily approachable. This means that the location should provide you ease of access to all the important routes of the main city. Location of Capital Smart City, Park View City map location, Lahore Smart City directions and Lahore Park View location and map can also be put into consideration.

The reason behind selection of prime location is ease of access that is mandatory for daily life activities. Either you are studying or working a 9 to 5 job, punctuality and being on time will always be appreciated wherever you go. This will be possible if only you live in a society which is conveniently approachable from all the important sites of the city.

Security:

Before purchasing a house, one should be vigilant enough to check the security system of the society and thoroughly check if there are security guards in the vicinity of your desired house.

The idea of a complete residential society has ensured inclusion of CCTV cameras at various locations for 24/7 Surveillance. This way, unusual activities can be monitored so that no resident goes through a harmful incident.

So always opt for a housing society that incorporates the same idea in its layout plan. This will your safety and security will never be compromised on.

Facilities:

Basic facilities like gas, water and electricity are a must to live in any society. So before deciding which residential property should be purchased, one should cross check from the residents living nearby whether the area is in position of providing all sorts of basic amenities.

Along with that some features that fall in the category of luxury, such as recreational spots like parks, libraries, salons and gyms also elevate the quality of your living experience.

Outlook of the house:

Finally you can move to the outlook of the house which is another great factor that should be considered before making your mind regarding buying a house. The main entrance, car porch and lawn (if there is any) may or may not leave a lasting impression. These things add value to your desired asset and may bring a great amount of profit if you plan to sell or rent the same in the future.

Interior of the house:

The interior of the house is the deciding factor that makes or breaks the deal. The walls, paint of the house, doors, cabinets and wardrobes, toilet and kitchen accessories show how old or new a house is and how much has it been taken care of. If the house is fully renovated and the interior has been maintained properly then you can seal the deal with the owner. However, if the interior is not as per your liking then you should not purchase or invest in such a like residential unit.

These are all the important factors that play a great role in purchasing or not buying a house. For any real estate related query, contact the most honest and diligent agency within your premises. Any real estate marketing company that will guide as per your affordability and interest with regards to real estate investment will turn out to be quite helpful. If you are hesitant to consult an agency then talk to a realtor or property dealer who has a good repute with respect to his previous dealings.

Read More Blogs: Things to Keep In Mind While Buying Your First Real Estate Property

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