So you loved the curb appeal. The bathrooms and the kitchen were beautiful. You loved the neutral colours and the hardwood floors and the cedar deck. The landscaping was to die for. You call your agent and ask him to prepare the offer subject to a home inspection.
Wait a minute! What other research have you done? Did you drive around the neighbourhood at different times of the day....just to get a feel for the neighbourhood? What is the turnover in the area? How many For Sale signs do you see? What's the crime rate in the area? Is this home close to shopping, schools, transit and highways? Is it too close? Where do you see this neighbourhood in 5-10 yrs? What development is currently in the works in the area or what is planned for the near future?
Besides the above, there may be other things you may want to consider before you make an offer. Having said that, the current market requires you to have doe your research before you start searching in a neighbourhood. Please be prepared!