Buying property: How to list your search criteria?
Buying property: Defining your search criteria
Discover how to create a list of your search criteria to successfully purchase your property, according to your needs and budget.
Buying property is an exciting but sometimes complex process. To avoid getting lost in the often vast and varied selection of properties available, it's essential to define precise search criteria. These criteria will help guide your choices and find the property that perfectly matches your needs, budget, and lifestyle. In this article, we explain how to create this crucial list.
Why is creating a list of criteria essential? 📋
Before you begin your property search, it's important to know exactly what you're looking for. A well-defined list of criteria will allow you to:
- Save time : Avoid visiting properties that do not meet your expectations.
- Optimize your budget : By focusing on properties within your price range, you avoid unpleasant surprises.
- Refine your choice : The more precise your criteria, the more quickly you will be able to find the ideal property.
1. Define your budget 💰
First and foremost, one of the most important criteria to consider is your budget . This is the first limit to set, as it will determine your choices in terms of location, size, and type of property.
Budget-related criteria :
- Maximum purchase price : Determine the amount you are willing to invest. This includes not only the price of the property, but also additional costs such as notary fees, any necessary renovations, and agency fees.
- Personal contribution : How much can you contribute as a down payment? This criterion will influence your financing choices and help you to establish a more realistic estimate of your possibilities.
💡 Tip: It's advisable to get a loan simulation from a bank or broker before you start your search. This will give you a clear idea of what you can afford.
2. Choose the type of property 🏠
Once you've defined your budget, it's time to choose the type of property that meets your needs. The type of property directly impacts your search criteria. Here are a few examples to consider:
Types of property to consider :
- Apartment : Perfect for a first purchase, especially in the city. You can choose based on size, number of bedrooms, or floor.
- House : If you want more space and a garden, a house may be the ideal option.
- Rental investment : If the purchase is intended for rental, you will need to consider specific criteria such as profitability and rental demand.
💡 Tip: The condominium ownership system for apartments is an important criterion to check, especially if you are considering buying in a multi-unit building.
3. Location and environment 📍
Location is often a determining factor. At this stage, it's essential to know in which geographical area you want to buy. Here are the points to define:
Location criteria :
- Neighborhood : Choose an area that suits your lifestyle: urban, semi-urban, or rural. Make sure the neighborhood meets your expectations in terms of amenities, safety, and environment.
- Proximity to transport : If you need to travel regularly, proximity to public transport or main roads can be a determining factor.
- Amenities : Check the proximity of schools, shops, hospitals, parks, etc.
📍 Tip: Also consider the neighborhood's development. If you buy in a developing area, you can benefit from the future appreciation of the property.
4. Property Characteristics 🔑
The specific characteristics of the property are also essential in your list of criteria. This includes the size , number of bedrooms , orientation , and many other criteria. Here are a few examples:
Specific criteria for the property :
- Living area : The property's size should meet your space requirements. Specify whether you need a large living room, an extra bedroom, or an office.
- Number of bedrooms : Do you have a large family or are you planning to have children in the near future? This will influence the number of bedrooms needed.
- General condition : Do you want a new, recent property or are you willing to carry out renovation work?
💡 Tip: Consider the layout of the rooms . Some people prefer an apartment with a separate kitchen, while others prefer an open space.
5. Technical criteria 🛠️
Technical criteria are also very important, as they guarantee the durability and comfort of your future property. These include, in particular, thermal and acoustic insulation, the type of heating system, and energy efficiency.
Technical criteria :
- Energy performance : If you are keen to reduce your energy costs, choose a property with a good energy rating.
- Heating system : Electric radiators, underfloor heating, gas boiler… This criterion can influence your heating costs.
🔧 Tip: A property with a compliant electrical installation and good insulation can make all the difference, especially over time.
6. Other criteria to consider 💡
Several other criteria can help you select the ideal property:
Additional criteria :
- Balcony/Terrace/Garden : Do you want a private outdoor space to enjoy the sunny days? This criterion can be decisive, especially in the city.
- Parking : Depending on your lifestyle, having a parking space or garage can be a considerable advantage.
- Pets : If you have pets, you might prefer a property that accepts pets or has a large garden.
🐾 Tip: If you are buying a property in a condominium, find out about the condominium regulations regarding pets.
Conclusion: Take stock of your priorities ✅
Creating a list of precise and realistic criteria is essential for a successful property purchase. This step will not only save you time but also allow you to focus on properties that meet your expectations. By defining your budget, the type of property, the location, and the technical specifications, you maximize your chances of finding the perfect property for you.
💡 Pro tip: Once you've drawn up your list of criteria, don't hesitate to reassess as you continue your search. Sometimes, you'll discover new priorities depending on the properties you visit.
