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Four Crucial Questions to Ask When Buying a Home in Boise

Posted by Front Desk on September 20, 2017
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For most of us, buying a home is the most important purchase in a lifetime. That’s why it’s important to be an informed consumer, with a full understanding about how to maximize your investment. When you’ve finally found that perfect piece of real estate in the Boise Foothills, here are a few questions to ask yourself:

How much can I expect to pay in property tax?
Go deeper than than the property tax line item on a properties listing sheet—ask questions about what the current and previous home owners have paid in tax. While the purchasing price will impact future tax rates, getting the full picture can better help you understand the long term history of a given property. Familiarize yourself with the tax rates for homeowners in Idaho, and understand how those might change over time. Understanding the taxes associated with your purchase can prevent unanticipated expenses that will disrupt your budget and leave you in a tailspin. Doing all you can to understand the property tax upfront can spare you any surprises down the line.

Were there any major renovations?
Ask for detailed information regarding any renovations that might have been redone. Though this might be listed by the seller, take time to get into the nitty gritty. Knowing the true cost of a renovation can help you set your offer more appropriately. Likewise, asking these questions can help you get a better sense of what renovations might be due down the line. Thinking ahead on these issues can spare headaches going forward.

What’s the monthly cost of utilities?
Since utilities are paid on top of your monthly mortgage, it’s important to understand what it’ll cost you to keep everything running. Though living in Boise is known for it’s relatively mild seasons, heating, cooling, sewer and trash can add up at the end of the day. Ask the owners what they pay each month so that you can plan accordingly. Getting the full picture on associated costs of homeownership can arm you with the knowledge you need to be a successful homeowner.

Does this property have a history of sewer or piping problems?
Pipe and sewer problems can cause huge issues for homeowners—they’re expensive, unsanitary, and can even make the most essentials parts of your home unusable. Get the full history of a properties sewer system, and be sure to hire a quality home inspector. Investing in these precautionary steps up front can ultimately save you a world of trouble. Even if pipes are in an acceptable condition, knowing if things will need to be replaced down the line will help you price you offer accordingly.

Buying a home can seem overwhelming, but taking the time to understand what you’re getting into can remove a lot of stress from the equation. Here at Tiger Prop, we’re a small, locally owned, Boise Real Estate Company dedicated to giving back to the community. If you’re looking to buy a home, contact us, and we’ll do all we can to help. What’s the best thing about working with a Tiger Prop agent? We don’t charge a 6% brokerage fee, and we give you money back at closing.

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