When you have only a little knowledge of real estate, then finding a new house for sale in Canberra can be a challenge.

Finding an affordable house in your market is imperative to securing your financial future. In any case, contingent upon which part of the country you live in, this may be troublesome with the expanding competition in the real estate space.

And how you define ‘affordable’ is relative, but this simple guide should give you a starting point for finding affordable houses.

• Sort by price

This initial one may be the most clear on this rundown, yet many individuals don't have the foggiest idea about this. When searching an online real estate platform are often, by default, listed as “most expensive.”

Try to immediately snap to sort by “cheapest first,” and you'll generally see the least expensive houses for sale listed. Additionally, if you search over a large geographic area, you’ll be able to look for patterns to see where the lowest-priced townhouse for sale Canberra generally is.

• Look at a lot of houses

By looking at plenty of houses, you will be able to better sort out the good from the bad and train your mind to find the best deals.

After all, ‘affordable is relative,’ so get a good grasp on your local real estate market by attending as many open houses as possible.

Make sure to set up appointments with your real estate agent to tour a dozen prospective homes in one day, and take note of what you like and what you don’t like.

Or you can consider spending your weekends driving up and down streets while your partner uses a smartphone app to check out local home prices. The more you look at it, the better your odds of finding the best deal are.

• Make plenty of offers

Many real estate investors abide by the 100-10-1 rule, which says you should consider looking at 100 houses, offer on 10, and get just one accepted. By submitting a lot of offers, assuming most of them will fall through, you increase your odds of getting a great deal on an affordable house.

In conclusion, these above-stated are some of the tips that will help you find homes at affordable rates.