5 Important Things to Consider When Renting a House

Nothing beats going home to your family and relaxing in a cozy house. As the saying goes, “home is where the heart is.” Renting an apartment is an involving decision you should not compromise on. Various factors influence your selection.

Mulling over the best studio condo for rent that suits your lifestyle needs and fits your budget can be tiresome; thankfully, this article is here to help. Read on to understand the nine factors that will help you rent a suitable house.

1. Price

Among all factors that influence renting an apartment, price is the most salient. You first need to ask yourself: Can I afford this house? What are the rental rates and taxes that accompany it? Is the utility bill part of the rent amount? These questions form the basic questionnaire template for your market survey.

Before moving into the house, consider the additional costs, such as garden maintenance fee and neighborhood fee. Once you have an estimate of the cost, compare it with the typical rate for a studio condo for rent price. Importantly, if the rate is too low compared to other rentals in the area, do not buy. Once you establish if you can afford the rent, then you are halfway into renting your apartment.

2. Proximity to Amenities

Whether you are renting an apartment for a family home or work purposes, its proximity to social amenities makes the living experience blissful. Consider properties not more than 15 blocks away from a health center, playground, and other basic amenities.

Map out the distance from your workplace and your kid’s schools to your home. It is better to have walkable options for the days when the car won’t start. The best studio condos for rent are upping up the ante with amenities inside the apartment’s courtyard. Only rent an apartment where you can access social amenities with ease.

3. Roommates

Some apartments cost more than what you initially planned for in your budget. Getting a roommate to share the cost with is a noble idea. However, you can’t just share your home with anyone. Before getting a roommate, have a chat with them and get to understand their likes and dislikes.

Also, air out your interests to determine whether you can live together. Draw out a roommate agreement that’s legally binding to protect yourself against unprecedented events prompted by the unavoidable altercations between roommates.

4. Home Décor

Modern rentals offer furniture and other décor components that blend with the walls’ colors. If you are moving in with your new décor, you need to consider whether the hues will meld with your décor.

The best studio condo for rent recognizes the aesthetic importance of an apartment and employs new technologies to decorate the house. Interior designers can help you choose a house with matching colors for your décor instead of a complete home makeover that will deny you financially.

5. Lease Agreement

A lease agreement is a legally binding document between the tenant and the owner of the house. As such, the document should coherently stipulate all the essential elements pertaining to the apartment. A good lease agreement for a studio condo entails;

  • Security Deposit
  • Event Notification
  • Utility costs
  • Repair and maintenance fees
  • Rent Period
  • Lease Termination
  • Rental Rates and Increases

A lease agreement protects you from the financial burden that the owner may impose due to increased rates or for more profit. Ensure you keep a copy of your lease with your attorney.

Takeaway

Renting a house is one of the most challenging decisions in Singapore. We recognize the need for affordable housing with great finishing and amazing spaces. We help you find a studio condo for rent in a secure neighborhood with incredible proximity to amenities.