Every home buyer has goals and then comes a list of wants and needs. Prioritizing your desires when shopping for a home can be fun, but it can be stressful too. After all, this is a huge decision, and you want to make sure everything important is covered.
With so many ways to shop online for a home, buyers usually have an idea of what they want and don’t want. Before becoming serious about shopping, a buyer likely knows how many bedrooms and bathrooms they’ll need. Similarly, yard space and square footage of the home are among the most important features.
Your potentially buying a home and your ability to afford all of the items on your wish list may lead to your reorganizing your needs and wants. You may decide certain desires aren’t worth what they will ultimately cost with fees and expenses. With resale homes especially, you may need to adjust to many customizations the previous owner has made.
It’s easy to believe that home modifications of any form are possible when watching HGTV and DIY home improvement shows, but it’s important to be realistic. Unless you are a skilled professional in home improvement, you may have a difficult time with the modifications you hope to make that will fix the home to your liking. The changes you want could also be costlier than you imagine.
An experienced and dedicated real estate agent, with a working knowledge of the area, can be a great help to you in uncovering many ways to realize your goals.
Your Real Estate Agent Can Help!
Your real estate agent is your best source of knowledge when you want to spend your money wisely. Let your agent give you their insights on your search…don’t try to take it over yourself. A dedicated agent will ensure you get the most for your money and your investment.
It’s a good idea for you to discuss with your agent where you are in your life’s milestones. Your agent should be concerned enough to get to know you, and ask questions about your current lifestyle and future lifestyle aspirations.
If your agent has a strong expertise in the local market, they may have suggestions beyond your main focus, and suggest options that could save you money over time. Such suggestions should help you trust the realtor’s expertise, and help you make decisions based on facts.
The more your realtor knows about what’s important to you, and the more dedicated and knowledgeable your realtor is, the more likely you’ll land in that perfect home with everything you need.
What About The Community?
Moving to a new city or state complicates the goal of finding suitable housing for your current lifestyle standards. Choosing the best home can be tricky, especially when there are several must-haves on your list. Most times these “must haves” are related to what you are accustomed to; and you may not take into consideration a different quality of life in a new location.
Again, it’s vital that your real estate agent understands your lifestyle, and has a strong knowledge of the community where you’re considering a move. For example, a buyer that moves from the suburbs to a city would need to be informed of challenges that make living contrastive.
An important factor in your lifestyle is where you work, where you travel, and where you enjoy your free time. With these factors, certain amenities may seem out of reach, unless you have researched the community to see future development and coming infrastructure changes. It’s often wise for a potential buyer to sit in on a community city hall meeting, and gather information about resident concerns, complaints, and the future direction of the community. It’s one way you can avoid regrets down the road.
Your Commute Matters (Of Course)
Location, especially when you commute to work, may be the number one factor in your decision. If you’re considering a move to the city or a more densely populated area, you should consider different options of transportation available. We know the costs of car payments, gas and insurance, so using a car vs. public transportation may strongly drive (no pun intended) your budgeting decision.
Using public transportation could save you as much as $500 or more a month. With this in mind, you may have a better idea of what you can spend. In addition, public transit may simply be easier to use than sitting in traffic, giving you more time at home.
You’d be surprised at the lack of attention buyers give to the availability of public transit, but your realtor should be sure to make you aware of the possibilities.
Where Will The Kids Play?
Alternatively, for a small or large family, there are some accommodations that you can’t afford to ignore. For instance, if yard space of a home is minimal, consider choosing a location that suits the needs of your family, such as one near parks, lakes, and free public amenities could make life much easier. Living where everything is close can save money over time.
Raising children is expensive, but entertaining them while providing for the necessities add up even more. You might consider an area that offers nearby child care and top performing schools as a motivating factor. Proximity to areas specific to special needs, such as health care providers and schools providing special services, can save you time and money especially if the schools are free to local residents. Choosing between a location that has top performing schools versus private education, could save you tens of thousands of dollars each year.
Don’t Do It Alone!
It’s challenging to find the perfect home and to be able to afford it at the same time.
In fact, knowing that buying a home is probably the biggest investment of your lifetime makes the whole process more than a little cumbersome!
Pairing up with an experienced real estate agent who truly cares for his or her client can help you make the smoothest possible transition from buyer to happy homeowner.