According to the advice of many real estate brokers, before deciding to buy a house in an alley, the buyer needs to clearly identify what the alley is like? Because depending on the level and current condition of the alley, the house price will be negotiated with the seller.
Alleys are divided into three types: main alleys, side alleys, and dead-end alleys. In which, the main alley is the type of alley that is connected to the street and connected to other side alleys or dead-end alleys. Meanwhile, the side alley is the alley that is connected to the street, main alley, or connected to another alley. Finally, the dead-end alley is the alley that only connects one end to another alley or street.
After determining the location of the house, home buyers need to pay attention to the following 4 issues.
Legal check of the house
This issue is very important when buying a house and is especially important for houses located deep in alleys, which often cause many disputes due to people arbitrarily expanding.
To know whether the house is in the planning area or not, the buyer needs to spend time and effort going to the ward office or police station to learn about the planning or ask people around that area.
Buying a house in an alley requires attention to many issues before the transaction. (Illustration: Internet)
In addition, the buyer needs to meet the owner of the house and see the red book with his own eyes. If the house has many floors but the red book only mentions the land, the buyer needs to verify whether the house was built without permission or not. In case the house was built without permission, if the government later reclaims it, only the land value will be calculated for compensation, the buyer should argue to request a price reduction.
Or if the actual area of the house is 30m2 but the red book only records 27m2, it proves that the previous homeowner took away 3m2, so the buyer can negotiate to only pay for the part listed in the red book.
In the opposite case, if the actual area of the house is 27m2 but the red book only records 30m2, it proves that the homeowner has expanded and the buyer absolutely will not pay for this "cheated" area.
Avoid buying houses in alleys that are too small
In Hanoi and Ho Chi Minh City, there are tens of thousands of alleys smaller than the minimum width of 3.5m, including many alleys where the roadway can only accommodate a motorbike. The smaller the alley, the more difficult it is to move around, not to mention the liquidity of houses in small, dead-end alleys will be worse than houses in large alleys. In addition, when repairing or constructing small alleys, the cost is often "overwhelming" compared to other locations because there is no place to store materials, and materials are often lost many times during transportation, so additional labor costs are incurred.
When deciding to buy a house in an alley, buyers also need to predict the rule that the smaller the alley, the more the value of the house decreases compared to other properties with the same value. When in urgent need of money, selling a house in a small alley is often forced to lower the price and encounter many obstacles in mortgaging the property for bank loans due to being priced too low.
Don't buy a house at the end of the alley.
When choosing to buy a house in an alley, buyers should also avoid houses located at the end of the alley. Usually, houses in dead-end alleys will take advantage of price and quiet space. However, houses at the end of the alley are subject to many limitations in structure and architecture, and cannot be built as beautifully as other locations. Not only that, arranging ventilation and natural lighting systems for the house is also very difficult.
Another disadvantage is that the house at the end of the alley always receives less energy, which is prone to causing a stagnant air flow that is detrimental to the homeowner. Some feng shui experts believe that houses at the end of the alley are less able to receive the flow of air from the outside than other houses; the longer and more winding the alley, the more air is lost. In particular, houses at the end of the alley do not have regular air exchange, so it is easy for bad air to stagnate.
Consider the feng shui of the house
Even if it is a house in an alley, you still need to consider feng shui to bring luck and prosperity to your family. Consider the overall feng shui before delving into the details inside. You should not choose a house with a location that creates a "killing" position because it will negatively affect your health and fortune.
In addition, lighting and interior design also affect feng shui. If you still decide to buy, have a plan to decorate, renovate or rearrange the interior to best suit feng shui.
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