Looking at a Real Estate Investment? What is Your Wish List?
If you are looking at real estate in Northland, New Zealand it is going to be hard to move past the amazing scenery and climate and think logically about the part of this earth that you plan to own.
However, like any large investment it is wise to only allow a fraction of your mind to be swayed by any emotional purchase, and to look at it carefully.
It is important to refine exactly what you are looking for before you spend any time seriously looking.
Going to a few open homes can help refine this process a little along the way, but start with a good list first, to make sure you don't "accidentally buy something" while doing your research! If you are not too sure where to begin, here is a list that will help direct you into creating a wish list of your needs.
1.
How big does it need to be? Consider yourself now, in five years, then in ten.
Are you going to need a small place, or one with room for growth? If it's an investment property, find out what size of property in the area tends to let best, in terms of return and occupancy.
2.
How important are the kitchen and bathroom?This is not about not having these (because we all need them), but you need to both have a fully functioning kitchen and bathroom with fittings and layout you are happy to live with, or additional money to recreate these areas.
3.
Indoor/outdoor flow It's not called the winterless north for nothing! If you want a place where you can enjoy the lovely weather - real estate in Northland, New Zealand certainly fits that description.
There is nothing nicer than a cold drink on a deck at the end of a sunny day.
4.
Places to park a car You may decide you can do without one up here, but if you are into boating, and need a good sized car to tow your boat around, then you are going to need to have somewhere to store it.
Do you need off street and secure parking? Or is a carport sufficient? What about just having a spot outside your home? 5.
Touches of luxury It can be a good idea to think about the order of importance in terms of luxury items so that if you do happen across two similar properties you can use this as your final deciding criteria.
Buy real estate in Northland, New Zealand and enjoy a lifestyle that is refreshing, relaxing and so beautiful you'll wonder why you didn't do it years ago.
However, like any large investment it is wise to only allow a fraction of your mind to be swayed by any emotional purchase, and to look at it carefully.
It is important to refine exactly what you are looking for before you spend any time seriously looking.
Going to a few open homes can help refine this process a little along the way, but start with a good list first, to make sure you don't "accidentally buy something" while doing your research! If you are not too sure where to begin, here is a list that will help direct you into creating a wish list of your needs.
1.
How big does it need to be? Consider yourself now, in five years, then in ten.
Are you going to need a small place, or one with room for growth? If it's an investment property, find out what size of property in the area tends to let best, in terms of return and occupancy.
2.
How important are the kitchen and bathroom?This is not about not having these (because we all need them), but you need to both have a fully functioning kitchen and bathroom with fittings and layout you are happy to live with, or additional money to recreate these areas.
3.
Indoor/outdoor flow It's not called the winterless north for nothing! If you want a place where you can enjoy the lovely weather - real estate in Northland, New Zealand certainly fits that description.
There is nothing nicer than a cold drink on a deck at the end of a sunny day.
4.
Places to park a car You may decide you can do without one up here, but if you are into boating, and need a good sized car to tow your boat around, then you are going to need to have somewhere to store it.
Do you need off street and secure parking? Or is a carport sufficient? What about just having a spot outside your home? 5.
Touches of luxury It can be a good idea to think about the order of importance in terms of luxury items so that if you do happen across two similar properties you can use this as your final deciding criteria.
Buy real estate in Northland, New Zealand and enjoy a lifestyle that is refreshing, relaxing and so beautiful you'll wonder why you didn't do it years ago.
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