It is very easy to become charmed and infatuated with a house and see only the things you like, especially if you are a first-time homebuyer. So, have a good idea of what you are looking for
before you go looking. It will be the best insurance you have to make sure you “find the right one.” It should be a house that fits your personality, your everyday living needs, and your future goals.
What Kind Of House Is Right For You?
Start pinpointing the specifics in your new home by taking an inventory of your basic day-to-day
needs. For example, if you entertain frequently, you might need a party/recreation room - maybe extra baths.
Next, think about the future. Will you start or add to your family? Will an elder family member
come to live with you? Your new house should be able to accommodate such possibilities.
Last, think about the personality you want for your new home. Should it be open, airy and casual,
of formal and classic? Ideally, it should reflect you.
As you think over the above considerations, remember that your financial resources will determine which cutbacks or extras you might consider.
The sections that follow are designed to help you consider other important issues as well.
Old House? New House? Fixer-Upper?
Older houses have great charm. Older homes in established communities may provide greater convenience for shopping, entertainment, and business.
Most new homes offer the lastest design features. If you buy a house before construction is complete, you may be able to select the color and design for any tile, carpet, wallpaper and paint.
A fixer-upper can dramatically increase in worth. Even small improvements can make a difference. Make sure you understand the extend of fixing that needs to be done before you commit to it.
Cosmetic improvements, such as new windows or floor treatments, can increase your home’s appeal now and later for resale. Make sure your proposed improvements match the neighborhood
environment ; don’t go overboard and overspend.
Find the right neighborhood by consulting your real estate broker and driving through new areas.
Talk to neighbors if you get the opportunity. While driving around new or different areas, stop and walk around as well.
