How to know if a home is right for you
Buying property is a big investment, and it’s important you know you’ve made the right decision. Read on to find out how you can tell if a home is right for you:
1) It ticks all of your most important boxes.No home will ever tick all of your boxes, you need to prioritise and compromise. What can you realistically compromise on in terms of features, price and location? Think about your lifestyle and what’s important to you to help you get the most out of your home choice. Is proximity to transport links a necessity or a bonus? Working out the difference between necessities and luxuries will help you find a home that meets your needs.
2) It fits your future.While the home practically meets your needs now, but will it meet your needs in the future?Buying property is a sizeable investment, you need to make sure that the home is a good fit for you now, and for the foreseeable future. For example, if you’re planning on growing your family or getting a pet, it is best to factor these plans into your search.
3) You can afford it, and its maintenance, comfortably.You love the house, but can you realistically afford the monthly costs and upkeep? Affordability is a big factor when choosing the right property. It might be your dream home, but if it’s going to leave you struggling, it isn’t the right home for you.If the property needs renovations or decoration, you need to ensure this is factored into your budget.
4) You feel at home there.Trust your gut. If you feel at home as you are walking around the property and you can envisage yourself living there, don’t ignore that. Our gut feelings tell us a lot, often a property can tick many of your boxes, but it just doesn’t feel like home. If it feels like home straight away, there’s a good chance it is the right property for you.
5) You want to stop looking at other properties.It is also a good sign when all the other homes you've viewed pale in comparison and no longer appeal to you. Are you excited to tell your friends and family about the house? Have you already started redecorating in your head? Are you planning your next dinner party? If you’ve mentally moved in, you’re definitely on the right track.
6) It’s in your ideal location.Location is an important factor when purchasing a home. You can always improve the property, but you can't move it.You should consider the property’s proximity and transportation links to schooling, local amenities and your work. You should also think about how the neighbourhood might change in the future and how this could affect the value of your home. Are there plans to build new developments nearby? Railway stations, or indeed any other transport link, new housing and restaurants, bars and shops can all affect the value of your home.
Are you lucky enough to have found your dream home? How did you know it was the right home for you?