3 Things to Look for During Your Home Buying Journey

May 10, 2018 Homebuyers Share:

Everyone's home buying experience is different depending on what you're looking for and to what extent you're willing to go to make compromises. Before you start your house hunting journey, there are 3 important things you need to look for in a property to make sure it's the perfect one for you.

Is it the ideal location?

When buying a new home, you're probably asking yourself, "How close is this to my job?" With today's work force being more mobile you need to be thinking about the future. Is this close to potential working sites? If you work from home, is this near the amenities you like; business services, coffee shops and so on. You also need to consider major highways and traffic, schools and so forth.

Once you settle in, you can change a few things but one thing you cannot change is location.

Does the home make sense for your lifestyle?

If you don't plan on starting a family, do you really need a three-bedroom house if you don't need that extra space for a home office? Don't commit to homes that are more "aspirational" than practical. You can end up paying exponentially more for the following:

  • Heating
  • Electricity
  • Water
  • Property Taxes
  • Maintenance and landscaping

Are there major repairs and/ or upgrades needed?

If you're a first-time home buyer who isn't looking/don't have time to put too much extra work into a home, then you'll want a move-in ready home. If you are in a skilled trade or feel like the next Chip & Joanna, you'll have a better feel for the actual costs and timelines of renovations and may not need to factor this as heavily into your decision. Things like electrical wiring, piping, and ducts are also important considerations depending on your appliance, heating, and cooling needs.

Many aspects of your home can be changed over time, but the location and main structure of the property can't. Make sure to look out for these critical deal breakers before you arrange that home inspection!