Finding the perfect home can be a challenge. Here are a few tips to help you have a better experience.
Go for the long haul, imagine living in the home 5 -7 years. Staying in place will save you a significant amount in closing and moving costs. It will also give you time to ride out unstable markets.
Your family demographics may change. Your perfect home should consist of room for the family to grow. Be prepared for a big enough house. Plans change, babies are born and children move back home. Having enough space in these cases should be taken into consideration.
Know the type of home you want to live in. Knowing the benefits of a bungalow versus a 2 storey home, split level or condominium will save you time when viewing available properties. As an example, one of the benefits of a 2 storey home versus a bungalow home would be the added security of having the children bedrooms on the 2nd level. When entertaining guests there is no need to go to the 2nd floor. Decide if you want privacy over simplicity of maintenance. This will be a key difference between choosing a single family home or a condominium. There are many factors that will need to be considered when deciding which features your family will require for the perfect home. Take in consideration the flexibility in floor plans. An example would be where the kitchen overlooks a family room . This is great for watching the children and would also be great for entertaining once the children leave the roost.
Affordability should be your first step prior to beginning your search for the perfect home. Knowing what you can truly afford and be comfortable. This will help speed up the process when you do find the right home. Its smarter to buy a home you can afford with ease than one you will struggle to hold on to.
Finding a Realtor® that understands your family needs will offer valuable insight on the process. Protecting your interests and putting your needs ahead of their own will ensure you have a great experience.
Think “home first” rather than thinking like an investor, predating rates of appreciation and real estate cycles. Choose a place you actually want to live in and call home first.
Look at both old and new homes. New homes don’t always mean better. While you may need to make some changes on a pre-owned home, there may be other great features you can’t get with a newer home.
Write down your requirements, your “in a perfect world list. You and your partner should write separate lists and combine the lists. Once you’ve looked at several homes, they will all begin to blend together. Jot down a few sentences about what you liked and didn’t before you leave the house.
Even though you plan on living in your home for a long period of time, considering how easily it will sell when the time comes should be in your thoughts.
Whatever the interior, make sure the neighborhood is just as good – be aware of distance from busy roads proximity to parks, transit etc. Its best to find a place in a community you will cherish and enjoy. Here are some tips on how to find the right neighborhood