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5-Tips For Your Home Purchase Wish List

ChecklistWhen dreaming of a next home the options are endless. From a backyard oasis with a patio and swimming pool, to a gourmet kitchen with the most up-to-date appliances, plenty of space to entertain friends or a gorgeous master bedroom suite, no home buyers wish list is the same. However, in reality, it is not always possible to find a home with everything, so we must decide in advance what items are "must-haves" and "nice-to-haves" on a first home wish list.

To help home buyers, Coldwell Banker Upton-Massamont REALTORS has provided the following 5-tips to help determine what you will need vs. what is nice to have in a home.

1.      Know your budget: The first step to creating a list of "must-haves" is to be realistic about what is affordable and determine a budget. Buyers should enlist a local real estate agent to help with the home search. An agent with years of expertise understands the local market and can help  find comparable home prices and determine what is affordable in their budget.

2.      Find that perfect "location, location, location": Everyone has heard this phrase before when it comes to real estate, and while the surrounding neighborhood and home itself may improve over time, the physical location will remain the same. Buyers should determine in advance how close they would like to live to their work, schools or extended family. A short commute to work, proximity to family or having easy access to highways and mass transit are often "must-haves." The location will also determine some home amenities that are possible or difficult to have within the buyer's budget. For example, if you have to live close to work in the city, you may have to cross a garage or outdoor space from your wish list.

3.      Determine non-negotiable accommodations: A comfortable place for everyone in the family is always a "must have." For the family of four, three bedrooms may be non-negotiable.  For the family with grandparents living at home, an extra bedroom on the first floor may also be non-negotiable.  After determining the budget and neighborhood, the most important factor is that everyone living in the home has a comfortable place to stay.

4.      Pick a lifestyle fit: After fulfilling the most important needs, you should find out what features of a home will best fit your lifestyle.  For example, if you love to cook and entertain you may want a home with a gourmet kitchen and decide to give up the large master bedroom.  Or, if you love to spend time outdoors you may compromise on a large family room for a big backyard.

5.      Have a vision:  When looking for your home, you should avoid getting distracted by decorations, paint or flooring that may not fit your taste.  Items such as paint color or carpeting are easy to fix and always worth compromising on.  If everything else about a home fits your wish list, a new coat of paint and a little redecorating are easy finishing touches on a dream home.

Your Coldwell Banker Upton-Massamont REALTOR will be glad to help your locate the home that will fit your "Must Have" List and hopefully your "Nice to Haves" as well!

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