August 30th 2021
Finding Your Ultimate Dream Home
By Corey Sherwood
It's a cliché to say that finding the real estate that fits you is like dating, but it's true. You can't just go out on a limb and hope that it's a good relationship. You have to do your research and learn all you can before you take the leap. And it's a leap. Nothing is certain in real estate, and sometimes you don't know what you're getting into.
Indeed, finding your perfect home is a lot more difficult than you think. When you look for your dream home, there are many factors to consider including where to live, what style of home to buy, and the best way to finance it. When it comes to choosing a neighborhood, the best advice is to choose a place that is close to your work, your family, and your favourite activities. Of course, there is a lot to consider in a real estate market besides location. You should also consider your budget, the type of home you want, and how much money you have for the down payment.
This is a guide for finding your ultimate dream home—the kind of place that you've always wanted. Asking yourself the following questions is one way to narrow down your options and give you things to think about.
What is My Dream Home?
The first step in buying a house should be thinking about what you want. Many people think of their dream home as their childhood home. However, if this isn't practical for your lifestyle (and it probably isn't), then you can think more broadly about what you want in a "dream" home. Picture yourself five years from now. Where are you? What do you do for a living? Answer these questions, and then see what the answers tell you about what kind of home will be your dream home.
How Much Do You Want to Spend?
What is your monthly budget for your mortgage? How much of a down payment do you intend on making? Will this be your home or an investment property, and how will it help make money for you?
Where Do You Want to Live?
A big city with lots of job opportunities, or a smaller town that's more about the good life?
How Big of a Home Do You Need/Want?
The type and size of the home that is right for someone else may not be ideal for you. This will depend on what you can afford, how many people are in your family, and a variety of other circumstances. If you are looking into buying a home in Ontario, talk with your real estate agent about how sizing can help in the process. But don't worry if you do not have enough room now! You have time to adjust and think things through before you buy.
How Big is Your Family?
If you're married or in a relationship, how many people are living under one roof? Do you have children who will be growing up soon and needing space of their own?
What Kind of Home Do You Want?
Do you want a luxury home with plenty of room for children and pets to roam, or do you prefer the charm of a single-story home? Do you plan on having a garage, or will your car be safely secured in an attached parking lot somewhere?
How Do You Want Your Home to Feel?
Are you looking for an open-concept space or something more old school with many separate rooms? Do you picture yourself entertaining guests in your new home, or do you prefer to live a more private life? Take some time to think about how you want your home to feel.
What's Your Style?
Do you like modern design, or are you more into classics? Do you like to live in a home that's been remodeled or would you rather buy something new?
What Details Do You Like in a Home?
Is it the type of countertops in the kitchen that matter most to you or do you prefer hardwood floors over carpet? Which kind of floor plan is your favorite and what specific details, like a fireplace, are mandatory for you to feel at home?
Important Factors For Your Dream Home
Remember, the home you find does not have to be perfect. It's always possible to make changes as you go. You may decide that you want a bigger kitchen or an extra bedroom. There are ways to increase the value of your home without tearing it down and rebuilding from scratch. Home improvements can add in hundreds of dollars to the worth of your house each month.
When deciding on a home, you have to take into account the factors that appeal to you most. Your perfect house will be somewhere where you can retreat from the world and relax after a long day at work or taking care of your family. You should choose a home that has everything you need for your lifestyle and leave out everything else.
Focus on the exterior of your home. If you like the interior, but the exterior is not in good condition then look for another place to live. Even if you are planning a major renovation on the inside, it will cost less than completely rebuilding an older model home that is not energy efficient or has structural problems.
The Journey to Finding Your Dream Home
If you're concerned you'll never find your dream home, don't stress. There's always help close by. Real estate agents specialize in finding homes for their clients, and Properly has an amazing team of agents ready to help. A real estate agent can do a lot of the work for you, and they should charge between five percent and ten percent of your total sale price. If you have a non-negotiable house hunting checklist, make sure to let your agent know. They will find the best options available for you that match your needs.
Buy with confidence.
Sell without stress.
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