The Trade-Offs You Should & Shouldn’t Make When Searching for Your Next Home
With so many decisions to make during the home buying process, it's easy to get overwhelmed and just settle on the first decent house you see. But don't worry! We're here with some hard-earned advice from our experts who can help you decide what trade-offs are worth making when searching for your next home.
Location
There are many factors to consider when choosing the location of your new home. These factors can be a school district, proximity to work, nearby amenities such as grocery stores, restaurants, and gyms. These factors can improve your quality of life and support your property value.
Locations with these factors typically become more desirable and expensive. So you may find you need to compromise with the location of your home. It ultimately comes down to your priorities. If you are most concerned about location but less with the size of your home, you may be able to compromise on square footage.
Fixer Upper vs Turn-Key
Be careful when and where to play the DIY card during your home selection process. By no means does your next home need to be complete “turn-key” from the start, but consider how much and for how long each project will take you. There are differences between a small-based project such as cosmetic lighting and total renovations such as new kitchen cabinets and counters. Minor changes are the way to go when deciding between the two. The four most expensive home projects are typically the installation of an in-ground pool, total kitchen remodels, bathroom renovations (especially the main bathroom), and the replacement of your roof.
Floorplan and Size
If your buying budget and desired location are more important to you, you may have to compromise on the square footage or the number of beds and baths when selecting. If you know you need at least 4 bedrooms to accommodate your living situation, don’t settle for a smaller floor plan. This is the kind of compromise that could cause a great deal of stress later down the road.
Ready to take the next step? We want you to feel confident about your next steps as a homebuyer. Call Tamara Williams at 406.223.6823 today to learn more about the home buying process, or fill out the form below.
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