Published February 20, 2021
Home Buyers Wants and Needs Checklist: How to Balance Both to Get Your Dream Home
Are you a first-time buyer? It can be an exciting time and one which you have dreamed about for a long time. Perhaps you have saved up a small fortune to be able to afford the deposit, working hard and now the time is finally upon you when you can start to look for the house you want.
But what to look for in a home? Here's a home buyers wants and needs checklist.
1. Size Compared to Your Needs and Future Needs
The size of any house you look at is very important. If it is too small you can find yourself feeling trapped but also overwhelmed by the amount of space you have compared to the amount of stuff you have. Your house can end up becoming very cluttered.
Yet if the house is too big you may find yourself overwhelmed by the amount you have to clean. You may find yourself unable to afford the high cost of electricity and other utilities that a house of that size demands.
Also, remember that the house has got to cater to your future needs as well as your current needs. If you are planning on starting a family or adopting then you will need more than one bedroom. And what about if a relative comes to stay? You may decide you need a spare room as well.
2. Can You Renovate It?
While there are many people who look for the first home as a place they are going to stay in for many years, some people see their first home as a stepping stone.
They want to climb the property ladder and make a profit. There are many ways to do this. So it's important to consider whether there is much you can do with the house to increase the amount of profit you can make. You need to weigh this up against the amount of investment the house will need.
Remember if you are planning on selling the house at a later date we can help you there too.
3. Do You Have Good Neighbors?
This is a crucial question to ask when figuring out what to look for in a home. If your neighbors are noisy or appear problematic they could begin to make your life hell. We've all heard the stories, like this Vegan who sued her neighbors over the smell of a barbecue.
You could inquire to see if any official complaints have been made against them at a local level or discreetly inquire about them in the neighborhood with other neighbors.
Be sure to knock on their door and explain that you are considering moving in next door to judge them for yourself.
Everybody Needs a Home Buyers wants and Needs Checklist
You might think that you know what to look for in a home and that you will just know which house is the 'one'. But just relying on gut instinct can be problematic.
Instead, regardless of whether you are purchasing the house to settle down with a family or to get on the property ladder, you should come up with a home buyers wants and needs checklist.
If you are interested in getting some help buying your first home be sure to click here to contact us.
