Investors new to the market ask the same question to every real estate expert they meet. The question is whether it’s the right time to buy a property or not.
Almost all of them get the same answer too. The timing of purchasing a real estate property depends on the trends and data of the specific area you are interested in.
A sound decision can be made after you take a detailed look at all the factors that may increase or decrease your investment’s value.
The investment decisions for the Canadian real estate market should also be made based upon facts and figures like any other market.
In this article, we’ll be telling you about the factors you should consider before deciding about your investment.
Make a mind about what category of real estate you want to put your money in and before making an investment, take a hard look at the following things because they can help you in shaping your decision.
Buying a home by yourself is a dream we all share. There is a fair amount of emotions attached to the first home you purchase.
To many people, buying that home is more important than the financial factors. The feeling is understandable, however, you shouldn’t allow your emotions to force a decision out of you may regret.
On the contrary, if you want a house in a certain area but are stopped by the unreliable market conditions, following your heart would be the better option.
If you want something bad enough, the market conditions don’t matter.
Keep in mind to not cross your financial limits while you do this. Slightly overpaying for something you love is one thing while getting robbed is another.
Looking At It as an Investment:
The case is different if you are looking to buy a home for investment purposes only. This time you won’t have any emotions involved and can benefit more financially.
List down the properties you feel could be the best investment options. Look at the market trends of the area and search the web for future market predictions and appreciation effects.
Overall economy of the region you want to purchase a property in also matters a great deal.
“Real estate and economy are tied together for ages and before buying every property, observe the economic conditions of both the country and your area of interest.”, stated professional realtor in Tallahassee Suzanne McGhee.
The Rapids Riverside Community is listed by realtor Considered as one of the most preferred communities it is superbly situated near the riverside. By The Rapids homes are highly sought after among families due to its proximity to quality schools, security, and walk ability feature.
In addition, it breathes a laid back, relaxing ambiance to the delight of family members residing in the area.
It is much desired as it meets the needs of buyers scouting for gated communities with the safety of their families in mind.
Aside from being located in a beautiful riverside area, streets and avenues within this haven are lined with lush trees and shrubs.
Gated communities like By The Rapids Riverside offer great privacy. More than this, the lot areas are quite large, giving homeowners the quality boutique feel.
This community assures safety and security among its dwellers. This area has very low crime rate. The community is also controlled 24/7.
Proximity to Schools
By The Rapids Riverside Community is in close proximity to established private schools. Aside from this, very good public schools are also within reach.
There are three major streets within the community. Riverview Avenue, Dock Avenue, and East Avenue. A total of 42 homes is situated along these strips. There are 2 tennis courts and a modern club house.
Prices of each home in this luxurious gated community are approximately $800,000 and up with a floor area of 3,800 square feet.
Each home follows an open design concept. There are 4 spacious bedrooms and 5 baths. The kitchen is built with spacious kitchen island.
A home at By The Rapids Riverside Community is an excellent investment for families seeking security, proximity to schools, and a haven for loved ones.
In the world full of individuals looking for ways to secure their money there is a list of investment options to opt from but the question arises as to what investment option is the best one. The Investment in Real estate is one of the huge investment options and is always more beneficial in long run.
Real estate investment provides ongoing income and its value rises over time in terms of land and the property itself. When deciding to invest in investment options it requires to conduct cost and benefit analysis and as per a 2015 survey, every 1 out of 4 individuals find investment in real estate the best option. Depending on the investment strategies and their preferences between long term and short term returns investment in real estate marks top three on investment options followed by bonds and stocks.
Although investing in real estate might be the best option but it is not an easy one. Being a property owner requires a lot of effort, it’s not just the investment of money that the property needs, maintaining a property needs an investment of time, patience, and the real hard work. The benefit of investing in real estate is convinced by the fact that people now want to secure their wealth by investing in safe investment options thus they are opting for properties even without an experience in the field.
According to another survey which was conducted to inquire ‘which investment options are the safest and the reason behind it?’ the conclusion was held that people find investing in properties a much safer option of securing their wealth due to the investment’s’ tangible nature; what one can see is more secure option to spend money on than what is intangible. The survey also proved that real estate investment is also a more stable option in terms of the price fluctuation thus the money invested has a high return on potential.
Moreover, there is no investment option that is risk-free and when it comes to real estate the problem with investing in it is that you cannot sell it in short notices like stocks. Whereas the cost of maintaining a property is high; the profit goes in paying insurance and property taxes. Even then when compared with other investment options the real estate investment is the most preferred option for the long term benefit and security of wealth.