If there’s ever a time to speak your mind and put your foot down when it comes to making important decisions, it’s when you’re getting ready to purchase a home. You might be surprised by the amount of options that your real estate agent can provide you with, so making a list of things that you consider to be make-or-break must haves can help you narrow things down.
Aside from questions like “what can I afford?” and “what neighbourhood or area do I want to live in?”, asking yourself what your non-negotiables are is an important first step when you start looking for a home. However, you should try to keep this list short - being too picky isn’t a good idea in today’s market as homes can be snatched up quickly by other prospective buyers.
Here are some factors that you might want to take into consideration when you’re beginning the house hunting process:
Type of home – condo, detached, semi, townhome, bungalow – there are a surprising number of options so this is a good place to start narrowing things down.
Price – does this house exceed my budget? Will the mortgage payments be affordable?
Minimum size of property – Is the property big enough to accommodate you today and into the future?
Number of bedrooms and baths – Is there enough room for everyone to be comfortable?
Property location – choosing the right location is almost as important as choosing the right home features. Will the location fit into your lifestyle? Everyone’s priorities will be different, but you might consider things such as proximity to schools, highways, public transit, shopping, etc.
While it may seem a bit overwhelming at first, it’s a great idea start thinking about these things before you start your search. Your non-negotiables should be communicated to your real estate agent to ensure that you spend less time looking at homes that don’t meet your individual needs, and more time viewing properties that you can envision yourself in.
For any questions you might have about this topic, feel free to contact Jacob today!