Now that you’ve decided to buy a studio apartment there are a number of things you need to consider. These considerations are often common when purchasing any type of real estate. Take some time to research and read these tips. Once you’ve committed yourself to the purchase on a studio apartment, it may be too late. Give some consideration to the following important issues.
1. Location Matters
Naturally wherever you live is where you’ll be spending a lot of your time. So what do you really know about the neighborhood your studio apartment is located in? Remember that a good apartment in a bad area can still be a bad buy, so do a little research about the area your apartment is located in.
2. Know the Market
In real estate, like in anything else, you want to make sure that you’re getting your money’s worth. By visiting a number of studio apartments in a variety of price ranges you can get a feel for how much you should get for the sum you are paying. That way you can both avoid a rip-off and recognize a bargain.
3. Meet Your Needs
Your studio apartment will not be a universe unto itself; you will need to get around to stores, hospitals, your job, schools, libraries, parks, etc. and it is very useful to know in advance how accessible these things are. Take a walk around the block in several directions to see what’s around. Also look at the location of the apartment on a map for a broader view of the area.
4. Silence is Golden
How is the traffic near your apartment? What about clubs and other noisy venues? Your apartment won’t bring you much pleasure if you can’t get a good night’s sleep because of all the noise! Visit the neighborhood surrounding your apartment at night and listen for the general noise level.
Leaf Hollow Properties is a multi-family management company in Northwest Houston, Texas. They provide communities with easy access to amenities and offer three properties: The Crossings Apartments & Townhomes, Leaf Hollow Apartments & Townhomes, and Long Point Plaza Apartments. These properties have modern interior features and monitored with cameras for safety.
The Crossings Apartments & Townhomes are newly renovated and accessible to Houston’s downtown area. Leaf Hollow Apartments & Townhomes are in a peaceful Central Spring Branch neighborhood with beautiful landscaping and a swimming pool.
5. Age Matters
An old building can be full of history and charm, but there are possible disadvantages. For example, old can also mean structural problems combined with physical deterioration that can be a source of endless expense. Before buying an apartment in an older building, first determine its level of upkeep and structural soundness.
6. Be Safe
Crime is a reality even in the best neighborhoods. It is very important to feel secure in your home, so find out exactly what security measures are in place in your building and whether they meet your standards of personal safety. Also check the crime rate in the immediate neighborhood of your apartment.
7. The View Matters
When looking at an apartment don’t forget to look out the window! That is the view of the outside world you’ll be looking at every day when you pull across the blinds, so make sure it’s something you want to look at and not a garbage dump or a brick wall!
8. Extras Matter
You may think that such things as whether you have a balcony, or a fireplace or an unusually scenic view, or other so-called ‘frills” are not that important. Yet over time these extra benefits can make a genuine quality of life difference. Don’t underestimate them.
9. Watch the Fees
It is is important to determine what your full expenses will be before making a commitment. Such costs as maintenance levies and other fees such as taxes, trash pick-up and other services can really add up and make your studio apartment much more expensive in the long run. Know the full cost of what you’re buying.
10. Your Car Matters
If own a car, make sure your car has a place nearby where you can park it. Consider purchasing a studio apartment that also includes a garage. This way you know that your car will be safe. Be sure to ask whether there is a fee charged for parking on your street. Some council areas have paid street parking. This may cause you and your visitors a large inconvenience.
Think it through!
Only you know what you want in a studio apartment, and there may be other more personal considerations you will also want to think about. But before you delve into the real estate market you should at least give some consideration to the preceding ten factors. If you do then the chances are good that you will eventually find a studio apartment that will suit your needs. Explore more