Buying a home is never an easy task, and once you’re pre-approved, the urgency to buy a home can be overwhelming. Many buyers who are unprepared often end up with a home they’re not absolutely crazy about, and end up moving within a couple of years. But like a glove, there’s a perfect fit for you out there – and you’ll find it, once you know what to look for.
The Interior The most important question to ask yourself is, what do I already own that the new home would need to provide? In other words, what would my new home need to have, whether my old home had it or not? For instance, if you are trading up because your family is growing, your home would naturally have to be bigger to accommodate more people. If you have an existing large dining room and love to entertain, then the new home would also need to have a large dining room. Personal style can also play a role in helping you determine what kind of home you’d be most comfortable in – to you, it could mean the difference between a two-storey Victorian or a open-concept loft.
The Exterior Like the interior, personal style will automatically draw you to the type of home you like. Taking notice of what kind of homes you are drawn to, and their common elements, will help you narrow down your search.
Your Requirements What features are vital to you and your roommate/family/pets? How many people are going to live there, and are there any more expected to arrive or leave? How many parking spaces, home offices, bedrooms, or workshops might you need? Once you’ve decided on these questions, you’ll have a better idea of how many rooms your dream house will have, as well as what areas might interest you.
Your Lifestyle Preferences will also arise once you take note of your lifestyle. Some people enjoy gardening, while others would rather go to a park to appreciate nice landscaping. Some people like to spend time renovating or decorating their home, others would rather move into a home with little maintenance. Some enjoy quieter, suburban surroundings. Some like the buzz and atmosphere of the city. Use your preferences as a guideline for determining what neighbourhood and type of home best suit your needs. It can also refine smaller required details you might have overlooked, such as what type of kitchen or parking you will need.
Questions to Consider Once You Start Looking
What is the visible condition of the property?
Does the house require major repairs or replacement?
How old are the mechanical systems (i.e. plumbing, electric, heating, A/C)?
Has the house been well maintained?
Where the house located on the block? Is it a corner lot or an interior lot?
What architectural features am I drawn to (i.e. porches, decks, landscaping, paved walkways)?
What are the conditions of the surrounding houses and neighbourhood?
Is it close to the amenities that I need (i.e. grocery, shopping, transit, schools, parks, etc.)?
These questions will help you save time and stress when start looking for a home. By narrowing down your preferences, you’ll find that you will be able to sift out the homes you want to see from the homes that don’t suit your lifestyle or preference, and you’ll be well on your way to finding your dream home.
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Copyright 2003. Michael A. Reis, Coldwell Banker Platinum Realty, Canada. All Coldwell Banker offices are independently owned and operated. Powered by Look Communications Inc. and compiled by The Corporate Ninja.
Buying a home is never an easy task, and once you’re pre-approved, the urgency to buy a home can be overwhelming. Many buyers who are unprepared often end up with a home they’re not absolutely crazy about, and end up moving within a couple of years. But like a glove, there’s a perfect fit for you out there – and you’ll find it, once you know what to look for.