Buying a house is an exciting time. People can often get
caught up in the moment when they are making a decision of whether or not to
buy a house and may not be considering resale.
However, it is important for them to consider resale value when they are
contemplating a home purchase. Buying a home is similar to any other investment
purchase, there are risks. If you are
looking towards buying a Nanaimo house with good resale value the top thing to
consider is location.
Look for a house that does not back onto a busy street and
avoid corners and intersections. A good choice would be the middle of the block
or a cul de sac. Be sure all essential shops and services are located nearby
and should include grocery stores, gas stations, dry cleaners, and convenience
stores. There should also be fairly convenient access to local highways, major
traffic routes, and public transit. Have a good look at the local shopping
centre to see if it is healthy and busy and not in decline. If it is, this could indicate that the local
neighborhood is also in decline. If
there are a lot of “For Lease” signs, you might want to reconsider your
purchase.