4 Critical Factors You Must Consider Before Renting a Home

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There are decisions in life we get to make without second-guessing. For example, what food to eat, when to wake up in the morning, etc. But renting a home is not one of those things.

Home rental requires critical thought because you’d live with your decision throughout the entire length of the lease period or risk wasting money. Yes, when you discover it’s a wrong move, you can move, but you won’t get a refund.

So, before renting that home, here are some factors to consider to determine whether it is the right choice.

 

1. What’s the proximity to your workplace/social infrastructure?

This may be hard to figure out if you’re currently on a job hunt. Nevertheless, it’s more cost-effective to live as close as possible to your workplace.

While apartments closer to industrialized areas may be higher, it may be cheaper when you calculate the total cost of commuting from a farther place daily. This also applies to other social infrastructures like hospitals, schools, shops, etc.

No matter how beautiful an apartment may seem, if you can’t get to friends quickly, chances are they won’t take the pain to visit you either. You may not enjoy the isolation and distance.

2. What are the total costs and added charges?

When looking for a home to rent, it’s wise to have a realistic budget. That means that what you’ve set out should be commensurate to the kind of amenities you want, the home’s condition, location, insulation, ventilation, etc.

When doing your search alone, things might get time-consuming as you can’t keep moving from house to house looking for one that has the right conditions you’ve set out. Consider getting in touch with a reputable rental agent who can help you source an apartment that meets your needs and budget.

Having so many directories at their disposal, they will likely come up with a suitable place for you in minimal time.

3. Why did the previous tenants leave?

An essential factor to consider when renting a home is why the previous tenants left. Most landlords will not tell you the truth, especially when it’s unpleasant, so refrain from asking them.

You may subtly ask nearby neighbors to get this information. If the past tenants lived there for a long time before moving into their own home, it suggests that the place is good.

But if they’ve all lived there shortly, it suggests that you’d also find it non-conducive soon enough and leave.

4. Does it contain the things you need for comfort?

Before searching for a rental apartment, you may have thought, “I want one with a bath, excellent insulation and ventilation, an open kitchen plan, and a serene neighbourhood. But all of these dreams may crumble as you settle for that one apartment with a cramped kitchen and bathroom space.

Although you should avoid wishing for heaving when searching, it doesn’t mean you should compromise comfort. The place should at least make life worth living. You don’t want to settle for a home without car parking, only to spend money on expensive car parks later nearby and run out of the house at odd hours to move your vehicle.

 

Wrapping up

Although these are the top things to consider, your budget, paperwork, and agreement terms are also worth checking before making your decision.

Ensure you’re happy knowing at least 70% of your needs throughout your stay there would be covered. Only then would the apartment indeed be worth calling home.

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