Factors to Consider on Your Jerusalem Property Search

Important Factors to Consider When Purchasing a New Property in Jerusalem

If you’re thinking about buying a new home, there are many factors to take into consideration other than the square footage and number of rooms.

Read on to discover our list of details to be aware of when starting your Jerusalem property search!

Location

Do some research on the various neighborhoods that Jerusalem has to offer and decide which one best suits your needs.

Consider the location of the neighborhood in respect to your place of work, family members, and any other important places to your family.

Also consider the kind of neighborhood you want to live in:

- Is it primarily Anglo or is it a mixed community?

- Does it have more of a city or suburban feel?

- Is it a religious areas with plenty of shuls within walking distance?

For families with kids, being in a specific school zone can be a high priority. Your agent will be able to point you in the right direction of what schools are in the area you’re looking at.

Accesibility

Regardless of whether you drive, take public transportation, or walk, getting around is an important consideration for any purchase.

Take a look at Google Maps and Waze to see how far of a drive or walk the commute to and from school, work, local amenities, or any other relevant locations will be. This might not be a critical part of your decision, but it can highlight potential issues that would be difficult to fix once you’ve bought.

Size

Different neighborhoods offer different layouts of homes that may or may not be suitable for your needs, so it is important to know how much space you will need from the get-go in order for your real estate agent to show you homes only in the relevant neighborhoods.

Consider the following factors when choosing how much space you need in your home:

- Will you have (more) children?

- Will you want space for a home office or studio?

- Do you like to host or have family stay with you often?

- Will you want outdoor space/ garden? For many, a sukkah balcony large enough for your family or entertaining is crucial in the decision making process.

Amenities

What kind of amenities do you need in your new home?

Do you need a storage room?

Is an elevator necessary?

Is a modern building important to you, or is the apartment enough?

Do you need a building that hits high standards, such as consistent cleanliness, maintenance, and security?

Do you need a parking spot?

Needs Versus Wants

It is important to make a list of your needs and your wants. Because Jerusalem is notorious for high demand and low supply, buyers who can be flexible with some of the things they are looking for are more likely to successfully close a deal on the current market.

Recent sales have included buyers who have compromised by either stretching their budget, being willing to do some renovations, or letting go of things like private parking or a storage room.

Make Some Important Decisions

It is worthwhile to discuss the above points with your family and make some important decisions in order to find the best home possible for you!

This will be an incredibly helpful way to save precious time and energy during your property search and keep your eyes on the prize.

As always, it is crucial to choose a qualified and educated agent who can answer all of your questions and offer some more food for thought.

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Ready to start your property search? Contact us today or check out all available Jerusalem real estate right now.