How Property Condition Affects Your Purchase
It is advisable to check out your property and the surrounding neighbourhood before you make a decision. It is also advisable to compare the property you are interested in purchasing with other properties. All you have to do is put the property in one of three categories - average, above average, or below average.
When evaluating a home’s condition, there are a number of things you should consider. Structural condition is most important - items such as walls, ceilings, floors, doors and windows. Then paint, carpets, and floor coverings. Pay special attention to bathrooms and bedrooms and whether the plumbing and electricity work efficiently. Look at the fixtures, such as light switches, doorknobs, and drawer handles. The front and back yards should be in reasonably good shape.
It is advisable to have a building inspection carried out, before commiting yourself to any purchase. Here at Niseko Realty Sales we will give you the information, that will allow you to make the right decisions.
Even when comparing similar properties, you should note whether the previous owners have made any substantial improvements. Cosmetic changes should be largely ignored, but major improvements should be taken into account. Most important would be room additions, especially bedrooms and bathrooms. Other items, like expensive floor tile or sauna’s should be taken into account, too, but should be discounted. A sauna that costs $10,000 to install does not normally add $10,000 in value to the home.
How Snow Clearing Will Affect Your Purchase Price
In Hokkaido, is not uncommon to have snow on the ground as early as mid-November, which will last up to the middle to end of April the following year. In the Niseko area, it is said that on average 16-17metres of snow fall over one season. As resort areas become more and more built up, the costs for snow clearing are increasing ever more than before. Land which needs snow removal could result in snow removal costs in excess of $10,000 per winter season.
With the appropriate approval, properties that back onto creeks, vacant land, etc., can get rid of the headaches associated with snow clearing.When considering your purchase, snow clearing and how this may be affected in the future, should be considered.
How Location Will Effect The Price
A lot of people say location is everything. Well, firstly you must consider why you are buying, and what you want to buy. You may be looking for a holiday home, an investment property that you would like to utilize yourself a couple of weeks each year, and place on the rental market for the rest of the year, and/or a mixture of both of these reasons. Normally, the further you are away from resort the cheaper the property prices become. Depending on your decision, the location factor will be very important.
For investment purposes, most investment properties must be located in the best possible site, nearest to the facilities, and services of that area. Be it the ski lifts in winter, or shops, restaurants, main roads in summer. You must consider the type of guest that would like to stay in your property. If your property is located away from the shops, lifts, restaurants, etc., you may have to provide a second to none, property management service to support your guests when they are staying in your property.
If you are thinking more of a holiday home, away from the hustle and bustle of other tourists, the opposite might be the answer. A home located a few minutes from the resort, in a natural surrounding, unobstructed views of the surrounding mountains, giving you the privacy to enjoy a long dip in the hot tub, under the falling snow, whilst taking your time on a nice wine. For expert advice on location, snow clearing, and the right property management suited to your location contact our Niseko Realty Sales Team.