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House Hunting - how do you decide on price range?
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<blockquote data-quote="Air" data-source="post: 1150064" data-attributes="member: 15182"><p>Some sound advice in general and the 1st point of [USER=14190]@kinosfronimos[/USER] in particular.</p><p></p><p>I would add make sure you have a good handle on what you need vs what you want. The sweet spot is probably in between these 2. </p><p></p><p>I think one must also look at interest cycles or, more generally, economic cycles. In SA we are at the higher side of the current cycle, it might be different in different countries, but cycles are what many investors understand and work with. </p><p></p><p>Keep the indirect cost of buying a property in mind, as well as a long-term view. Buying and selling used to be a way to make some money in SA, but I am not so sure anymore as the cost of moving, selling and buying has caught me once or twice off guard. I would rather wait and buy for a longterm and settle.</p><p></p><p>LASTLY, ALWAYS BUY A PROPERTY THAT WOULD BE FIT for PURPOSE for YOUR AUDIO NEEDS. Try and look for an appropriately sized room, a good ratio with higher ceilings etc. Make sure about this. It could also save you headaches on many levels <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /></p></blockquote><p></p>
[QUOTE="Air, post: 1150064, member: 15182"] Some sound advice in general and the 1st point of [USER=14190]@kinosfronimos[/USER] in particular. I would add make sure you have a good handle on what you need vs what you want. The sweet spot is probably in between these 2. I think one must also look at interest cycles or, more generally, economic cycles. In SA we are at the higher side of the current cycle, it might be different in different countries, but cycles are what many investors understand and work with. Keep the indirect cost of buying a property in mind, as well as a long-term view. Buying and selling used to be a way to make some money in SA, but I am not so sure anymore as the cost of moving, selling and buying has caught me once or twice off guard. I would rather wait and buy for a longterm and settle. LASTLY, ALWAYS BUY A PROPERTY THAT WOULD BE FIT for PURPOSE for YOUR AUDIO NEEDS. Try and look for an appropriately sized room, a good ratio with higher ceilings etc. Make sure about this. It could also save you headaches on many levels ;) [/QUOTE]
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House Hunting - how do you decide on price range?
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