• kimfairfieldmba

6 Ways To Evaluate a Potential New Home

  1. The Right Fit. The house will be the right size, the layout does (or with reasonable modification, will) work for your needs.

  2. Location. That’s what real estate is all about, right? The location is a great blend of where you need to be, what you enjoy geographically, and the amount of land you can handle.

  3. It Makes Cents. Your home is likely your largest asset and investment. So the investment should make sense as well. Don’t overpay for the nicest house on the block if there’s little chance that the home will ever be worth more- unless it’s truly your dream home!

  4. Lifestyle. The home makes it easier to live your life the way you want. It could have the right number of rooms and even bonus features, but if you’ll never swim in the pool and would rather have a large yard for your dogs, consider the costs of those changes. If you entertain a lot but the kitchen is small with no way to expand, consider if it’s the right place for your lifestyle.

  5. Renovations and maintenance. Keep in mind how handy you are and how much work needs to be done to make it liveable for your lifestyle. Also, keep in mind the age of the home and how much work will need to be done on a regular basis.

  6. The Feels. How do you feel when you walk in? Does it feel like coming home? Be honest about why it does or doesn’t feel that way and use that in your home searches.

#home #buyingahome

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