Lots, Real Estate Transactions & Inspections

What You Need to Know About Lots
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When shopping for a new home, one of the most important considerations – yet one most people don’t pay enough attention to – is the lot type. Selecting the right one can significantly increase your enjoyment of the home. Picking the wrong one can have the opposite effect.

There are three special types of lots that homeowners tend to find most desirable. Yet, even though they are considered desirable, each has its pros and cons.

Here’s the rundown on each one:

  1. Cul de sacs 
    These are lots located on dead end streets that often feature homes positioned around a large circle of roadway. For obvious reasons, a cul de sac is a popular choice for buyers with children. There’s less traffic and often, the only cars on the street are those of neighbours. However, homes on these lots often come with a higher price tag than other comparable properties in the area. But, from a lifestyle standpoint, that extra price may be more than worth it.
     
  2. Quiet streets
    Who doesn’t want a home on a quiet street? The benefits are obvious. However, don’t dismiss properties located on or near a busy street. They often sell for less and the noise from traffic may not be as bothersome as you might expect. In fact, some neighbourhoods in these areas feature special soundproof fencing. If the home is otherwise ideal, schedule a viewing to judge the noise level for yourself. 
     
  3. Corner lots
    These are often larger and therefore provide you with more space. Plus, with the look of two front lawns, there’s twice the potential for curb appeal, and therefore the opportunity to increase the property’s value. On the downside, kids may shortcut across your front lawn to get to the adjacent sidewalk.

Want more tips on what to look for when shopping for a new home? Call today!

 

Navigating the Real Estate Maze
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Have you ever tried to make your way through a maze at an amusement park or farm field? If you don’t know the layout, it’s probably going to take you a long time to find your way through. You’ll hit a lot of dead ends, go around in circles a few times, and maybe even become frustrated before you finally find your way out.

The same can be said about buying or selling a home.

Real estate transactions are probably not something you do every day, so you’re not as familiar with their “layout”. As a result, the process of preparing your home for sale, getting it listed, dealing with viewings and buyers, and negotiating offers can potentially be very stressful… so stressful, in fact, you might be discouraged from making a move!

That’s why finding a REALTOR® who knows your local market is so important. He or she knows the maze and can guide you through it.

That REALTOR® can answer your questions, show you how to make the process less stressful (and even fun), and can help ensure everything goes smoothly.

Want to talk to a REALTOR® who specializes in the market? Call today.

 

Look Underneath the Hood
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As anyone who has ever purchased a used car will tell you, looks can be deceiving. To get a true picture of the quality of the product, you have to “look under the hood.”

What does this have to do with shopping for a new home?

When you find a property you like on the market, it’s easy to fall in love with its appearance and features. However, there may be issues you won’t notice, such as foundation cracks that need repair or a furnace that’s due for replacement.

That’s why you need to “look under the hood” by having a qualified home inspector review the property.

 

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Warren John
Sales Representative
CENTURY 21 First Canadian Corp.
Cell: 519-902-1386
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CENTURY 21 First Canadian Corp.
420 York Street London, ON N6B 1R1
Office: 519-673-3390

 
Smarter. Bolder. Faster.

 

Warren John

Warren John

REALTORĀ®
CENTURY 21 First Canadian Corp., Brokerage*
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