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Capital Business

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6 critical factors to consider while buying a home!

Finding a perfect home is hard work. The process is usually filled with mountains of frustrations and valleys of disappointment. Especially for the unprepared first home owner.

First, its not easy to identify the genuine traders of land from the crooks. One has to literally jump over land mines to go through this process and it’s a headache that many prospective home owners would rather skip.

6-critical-factors-to-consider-while-buying-a-home

After one has identified a proper land buyer and they start to build, the nightmare is swiftly transferred to the contractors. Inflated prices, undelivered material, shoddy work especially for those who aren’t on site to manage their construction are common challenges that one face.

The good news is this; that is not the default fate of anyone who is looking for a home. There are reputable land and development companies in Kenya.

One such is Daykio that has been in existence since 1986.

There are a few key issues that once someone has dealt with, they can at least hope that they will be better.

Location

First, whether you want a stand-alone house or you want to own an apartment, it is imperative that you pay attention to the location. The location of the home will greatly influence whether your needs as a home buyer are met or not.

How close is the investment from the recreational facilities? E.g. malls, parks, petrol stations, etc.

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Second, before a prospective homeowner invests their hard earned money into a project, they must first evaluate the objective. Do you want to own a house as an investment i.e. renting etc? Or do you want to invest in a house for family use?

This is very important before you put your money in any property. Remember that the objective will determine where you invest your money.

Remember that the objective will determine where you invest your money.

Infrastructure

The infrastructure of the location is also a very critical factor to consider.

First, is the location adorned with passable roads? Is the location connected to a tarmac road or is it murram road?  What about the estate? Is the road network within the estate cabro tiled or not?

Second, street lighting and the internet and telephone connectivity are also some of the vital amenities that you need to consider.

Recently, the news landscape was awash with stories of a famous estate in Nairobi that decided to open a Sacco and buy their own water bower after waiting for water in their taps in vain.

Before you buy a home, find out if there is sufficient water supply in the area. Because you do not want to be inconvenienced with inadequate water supply.

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Security

As a discerning home buyer, you must scan the security apparatus that are put in place to mitigate any risks. Some of the security facilities that are non-negotiable include the presence of a police post near the establishment, perimeter wall with an electric fence and a presence of security guards.

Social amenities

It can be a relief if the location where one intends to own a home has amenities like schools, places of worship, children’s playground area, dispensary, club house and a commercial center. Once you decide to own a home, convenience is a key factor in choosing from varied options.

The Daykio Bustani development in Kiganjo meets and surpasses the definition of a meticulous gated community.

Project design

As a new homeowner, the best tool that you need to have as you look for a new house is information. Ask as many questions as possible concerning the project design.

Is it a controlled project or not? Are the developers keen on having a certain design implemented after consulting the homeowners or is it free for all to decide what suits them?

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Remember that it’s important to know the kind of houses that will be surrounding your homes.

Payment plan

Buying a home is a capital intensive investment. Only a few people can afford to pay the amount required up front. Discuss with your property development partner if they have a reliable repayment plan.

Also, to make the journey lighter on you,  reliable financial partners who will hold your hands through the process will definitely come in handy.

Before you decide on the financial partner, you need to consider the following; how affordable are  their mortgages and loans? What is the repayment period of the loans given out? What about the collateral that the bank accepts to give out a loan?

Conclusion

We have just scratched the surface of the factors that one needs to consider as they make a choice for a home. However, you can visit Daykio’s tent at the ongoing homes expo (27th -30th October) at the KICC.

They have an amazing plan titled “Buy Build Become.”

Through this initiative, Daykio will help a customer to purchase land, build and realize their dreams. Their product range covers all segments of the market. Currently, they are working on Bustani phase 3. A 200 acre gated community that is situated in Kiganjo just 3.5 Kms from the Thika super highway.

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Watch their clients speak about their investments with Daykio Bustani Groundbreaking

Visit our official website: www.daykio.com or fill the simple form below

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