There is a lot that goes into buying a home. If you are like most buyers, you want the perfect home in the perfect location at the lowest possible price. While this scenario is ideal, it is often difficult to obtain. In order to get your dream home, you need to start with a checklist of what is most important to you. During this process there are a few additional items to consider. You need to think about where you are going to be in five, ten and even twenty years. What you want in a house now may be completely different in just a few years. It is important to think about the big picture and some hidden items that can impact your home buying search. Here are a few hidden items every buyer should consider.
Schools.Regardless if you are single or looking to start a family, the local school system should be a consideration in your purchase. A strong local school system has a great impact on a property’s value. Many buyers will choose one town over another based solely on the strength of the schools. As you can image this will have a tremendous impact on the retail value of your home. If you plan on being in the property for a while you don’t want to move from your dream home if the schools are poor or if they are on the decline. It may not be your main factor now but you should have an eye on what they local school system is.
Yard. You may be able to change almost anything with the interior of the property but there isn’t much you can do to enhance the yard. Sure, you can add some landscaping but the size of the yard itself will not be impacted. Too much yard space can sometimes be as much of a factor as too little space. Cutting the grass now may be a pleasure but will you want to do it in ten years? How about raking a big yard every fall? The yard should be a major consideration with every property you look at.
Proximity to town. Are you someone who puts a value on proximity to restaurants, shopping and entertainment? An extra ten minutes to the center of town may not seem like much today but over time may start to wear on you. The same works in the opposite. Being on a busy street or close to a busy intersection can be an issue if you have children or are looking for some peace and quiet. It can add time to your commute to work and make getting in and out of your driveway a nuisance.
Size/layout. The layout of a property is almost as important as the property itself. You may fall in love with a unique layout at first glance but you need to consider how practical it is over time. The same is the case with the size of a property. Many buyers have plans of adding a room or knocking down a wall but rarely ever do. When you purchase, you should be comfortable with the property as-is and if you make changes consider it a bonus.
Buying a property doesn’t have to be full of stress and frustration. Write down the five or ten items that you want in a property and the five that you can’t live with. From there your real estate agent should be able to find the perfect house for what you are looking for.