Skip links

10 Questions to ask before buying a new house

Here are top questions to ask before buying a new house in Nigeria

Buying a new house is like picking out a new phone—you have to ask the right questions so you don’t end up with something that makes you go “uh-oh” instead of “wow.” So, for all of you looking to get your hands on some new place, here’s the lowdown on the top questions that should be on your lips.

Let’s get down to business and talk about the things that make you scratch your head when you’re thinking of buying a place to call your own. We’re going to keep it really simple, like we’re talking over a cup of tea.

  1. What’s the price tag, and how’s it figured out?

Everyone wants to know, “How much is it?” and “Why so much (or so little)?” The asking price isn’t just pulled out of thin air. It’s about what other homes are going for, how nice this place is, and how much people are willing to pay. It’s like haggling at the market—you want to know you’re getting your money’s worth. Ask questions like,

● What others paid: You look at other houses nearby that sold recently. If they got a good price, then this house might be around the same price.

● The house itself: Is it a big place? New or old? Fixed up nice? All that changes the price, just like with cars.

● Where it is: A house in a hot spot, like near good schools or the city center, can cost more, kind of like how some parking spots are pricier because they’re in better locations.

● How many want to buy: If lots of people want to buy houses but there aren’t many houses for sale, prices go up. It’s like when a new game console comes out and everyone wants one—the price jumps.

● The economy: If jobs are easy to get and people have more money, they can pay more for a house. It’s like if everyone has cash, they’re not so worried about spending a bit more.

So when you’re asking, “Why this price?” It’s all these things mixed up.

Related: Why you should ask questions

  1. Any fix-ups or makeovers recently?

You’ll want to know if the house has any new shiny bits, like a fresh kitchen or a patched-up roof. It’s kind of like knowing if the used car you’re buying just got new tires. It can save you trouble and cash down the road.

  1. How Long Has This House Been Waiting for Someone?

If a house has been on the market for a long time, it’s like that last piece of cake nobody’s eating. You gotta wonder why. Maybe the price is too high, or maybe there’s something off. It’s a good thing to think about.

  1. What’s good around the neighborhood?

It ain’t just about the house; it’s also about where it sits. Are there places to buy your groceries, hospitals, schools, or even a nice spot to chill? It’s like picking a seat in class—you want to be where the action is.

  1. Are there any big plans around here that I should know about?

Sometimes there are plans for new roads, malls, or even factories that can shake up the place in good or bad ways. It’s like knowing if the quiet park you love is about to become a shopping center.

  1. What’s Been Done to Keep the House Happy and Healthy?

Ask about repairs and upkeep, because a house that’s been loved will love you back. It’s like adopting a pet—you want one that’s been treated right.

  1. How Much Will the Government Dip into My Wallet?

Property taxes are like your subscription fee for living in your place; you’ve got to know what they’ll cost you each year. No one likes surprise bills.

  1. What Schools Can the Kids Strut To?

If you’ve got little ones or are planning on it, school is a big deal. You want them to learn good stuff in a good place. It’s like making sure they’ve got the right playground to grow up in.

  1. Has the Hood Changed Lately?

Neighborhoods change, sometimes for the better, sometimes not so much. It’s like keeping an eye on who’s moving in and out of your street.

  1. When Does the Seller Want to Hand Over the Keys?

If the property has passed questions one to nine, then you should know that timing is now everything. You have to know when the seller is ready to pass you the baton so you can plan your move. It’s like timing your jump in a relay race—you don’t want to trip!

Conclusion
And there you have it—simple answers to big questions for all you future homeowners out there. Keep these in your pocket, and you’ll be set for house-hunting success!

Read more about us HERE

Leave a comment

This website uses cookies to improve your web experience.
Explore
Drag