An open house is a perfect way to view a new home and find out all about it before you make your final decision. Sometimes an on-site visit can reveal problematic issues you hadn’t noticed from the listing description and photos. Other times, you realize that the photos and listing didn’t do a particular space justice, and that seeing the home in person is enough to make you a potential buyer.
By being prepared and taking notes at an open house, you can get answers to all your questions and avoid the timely back-and-forth with a realtor or agent that can slow down the process — especially for a highly coveted home that has multiple offers on the table. Here are some of the best questions to ask during an open house.
How long has the home been on the market?
This is one of the most common questions potential buyers ask, and for good reason. The number of open houses Austin offers every day can be overwhelming. If an Austin home has been listed on the market for too long, there might be a good reason for it, and you’ll need to find out why. Is there a loud railroad track just behind the property? Is it in close proximity to a smelly junkyard or downwind from a cat food factory? These scenarios might sound like a joke, but if you get permanently stuck in any of these situations, you most likely won’t be laughing.
What’s more, a home that has been listed for too long often becomes harder to sell, which means you may have some leeway in the final asking price. Alternatively, a home may have just gone for sale very recently, and if buyers are already flocking to it, you might need to make an offer sooner rather than later to nab your dream home.
Has the house received offers yet?
Most often, a realtor or listing agent will let you know the status of offers up front, so as to ignite a bidding war and hopefully increase the final price. Even if there haven’t been offers for quite some time, there is always the possibility that a previously interested buyer may submit an increased offer, now that they know the home has interested buyers again.
What’s the neighborhood like?
Just because you’ve found a beautiful home doesn’t mean the neighborhood is right for you. That’s why it’s important to do your research and make sure that the neighborhood offers the amenities and opportunities that will best suit your lifestyle. Is your location an easy commute to work? Are the schools good? Are there recreation areas and plenty of green space for you, your kids, and your dog to run freely? Or maybe you’re a night owl and prefer to spend evenings catching live music in a club, attending theater and comedy shows, or simply testing out the newest local restaurants and breweries. Whatever your poison, make sure the neighborhood is conducive to it.
Is it in a safe area?
Of course, a beautiful home doesn’t mean much if you feel unsafe in it. With a 7.6 crime index score, Austin is a relatively safe US city that makes laying roots here a smart choice. Still, it’s wise to check crime rates and local police websites for a particular area of the city and see how your preferred neighborhoods stack up. Your realtor, listing agent, or even friendly neighbors can give you an insider’s view to help guide your decision. Now that you know the most important questions to ask at an open house, you’re ready to find your dream space, whether it’s among all the new homes Austin has to offer, or as a new home that you have custom built. Best of all, it doesn’t have to be an overwhelming process. Contact us at Paradisa Homes and let us help bring your vision of your ideal home to life.