Blog by Dilraj Sohi

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10 worst first-time homebuyer mistakes Pt. 10 of 10

10. Not Thinking About the Future

It's impossible to perfectly predict the future of your chosen neighbourhood, but paying attention to the information that is available to you now can help you avoid unpleasant surprises down the road.

Some questions you should ask about your prospective property include:

• What kind of development plans are in the works for your neighbourhood in the future?

• Is your street likely to become a major street or a popular rush-hour shortcut?

• Will a highway be built in your backyard in five years?

• What are the zoning laws in your area?

• If there is a lot of undeveloped land, what is likely to get built there?

• Have home values in the neighbourhood been declining?

If you're happy with the answers to these questions, then your house's location can keep its rose-coloured lustre. 

I hope you enjoyed todays article and that you were able to take something valuable from this. I am a Realtor in Surrey with a speciality in Buying and Selling residendtial properties. If you have any questions for me in regards to this issue or any other Real Estate/Development related questions please do not hesitate to contact me @ 604-782-7842 or info@dilrajsohi.com.

I make my living Buying and Selling real estate for clients. If you or anyone you know is looking to jump into the Real Estate market soon in Surrey please pass along my contact info.

Thank you,

Dilraj Sohi
Your Surrey Realtor