For many ignorant newcomers, wanting to get a house with the highest rate of return, there is also an element of gambling. Just like opening durian, you never know whether you are opening a revenge durian or a revenge durian.
But if you know how to analyze the characteristics of a house with a high rate of return, you can minimize the risk.
Room type
It is an indisputable fact that good room types often have the potential to become high-return properties. The rationality of the layout of the house, the interior decoration style, whether the area is large enough, etc., will affect its rent and sale income in the future.
Age and maintenance of the house
Generally speaking, the older the house, the more it will be misaligned with today's mainstream aesthetic. Unless the buyer happens to like the retro decoration style, it will always seem out of step with the times. Moreover, such houses often have the problem of falling into disrepair, and buyers need to take longer to care for the house.
If there are problems such as water leakage, it will reduce the future appreciation potential of the house. Therefore, before buying a house, it is necessary for buyers to understand the historical maintenance of the house and estimate the future maintenance cost of the house.
district
Whether at home or abroad, the location of the house is very important. Neighborhoods with well-developed transportation, good school district resources, and close proximity to shopping centers tend to have higher rental yields and transaction values.
In addition to considering the external environment, the community's own infrastructure is also crucial. These are all the first things to consider before buying a house.
market
Buying a house should also be decided according to the market situation. If the real estate market is in short supply, then the value of the house and rental income will also rise with the market. Therefore, when buying a house, you can first analyze the transaction situation and rental income of similar room types.
There can be a general psychological expectation for the market of this type of house. If you really don't understand the rapidly changing real estate market, you can also consult with a professional real estate agent.