One of the most challenging decisions someone can make in life is deciding where to live. Should you stay in your hometown, or move somewhere new? What about closer to work? Do you want a house with a yard or an apartment close to downtown? With so many options and considerations, it’s hard to know which is best for you! That’s why we have compiled this guide on how to find the home of your dreams!
1. Evaluate your needs and wants
When looking for the house of your dreams, it is essential to evaluate your needs and wants. What are you looking for in a house? How much space do you need or want? Are there any features that would make the home more attractive to you, such as an outdoor living area or large garage? Understanding what traits of the house matter most will help narrow down homes and communities that match these desires.
Once you know the features that make your perfect home, it is time to determine how much money you can afford. What are your monthly housing costs? How much of a down payment do you have saved up for the purchase? These questions and more should be answered before looking at new homes so no matter what happens during house hunting, there is not an unexpected shock when crunching numbers.
2. Do your research
There are many properties out there, each with its pros and cons. You need to know what you want in a house before getting started!
-Consider if you’ll be living there alone or with someone else
-Decide on how many bedrooms/bathrooms are needed for your lifestyle
-Find out the square footage of the land space available so that you can start looking at floor plans online
Doing these three things will help narrow down which properties have potentials for purchase. As explained at Edmonton Real Estate Pro, when it comes to researching the different properties in the market, it will help if you involve a realtor. They can offer insight into the location of other houses or condos and provide information on what features are available for purchase in each place.
3. Start with a budget
Having a budget is the first step to finding the home of your dreams. It doesn’t matter how much you want it or what type. There is always going to be an amount that fits within your budget.
How much you can afford to pay for a home will depend on what you make, where your job is located, and how much you’re saving.
For example: If you are making $50,000 annually, the chances are that if your monthly expenses, including taxes and insurance, come out to be $2000 or more, then it’s time to start looking at homes in the range of $100,000-$20000.
If this isn’t an option, then some people might want to look into renting instead of buying a house because rents usually cost less than mortgages do.
4. Check out the neighborhoods you are interested in living in
When finding your dream home, it is essential to consider the neighborhoods you are interested in living in. Some people want a purely residential area, while others might look for good schools and other factors that can make their lives easier.
At this point, consider some of these questions: Where do I work? How far am I willing to commute? What amenities do I need nearby (parking, grocery stores)? Will my family be moving here as well? These all factor into your dream home requirements list when finding the perfect place to call “home.”
5. Consider the size, shape, and style of house that will suit you best
The size of your home will depend on how many people live in your home and how much property you need.
If you’re single, a small studio or one-bedroom apartment will do fine for starters. But if you have children, it’s essential to consider the size of your living space before buying anything too big or expensive. If you plan on moving out eventually, remember that resale value is lower when homes are larger than they need to be.
The style of your home will depend on what kind of design you like. Do you want a rustic cabin feel? Or would you prefer something more contemporary, sleek, and modern?
The key to finding the perfect home is understanding what you want. Your research and budget must reflect this, as well as where you are considering living to find a house that suits your needs best. Start by figuring out what type of neighborhood or community would work for you, then narrow it down with an idea of size, shape, and style before evaluating other features like several bedrooms and bathrooms.