Identifying the ideal home can be the most challenging part of the buying journey. Keep these guidelines in mind to streamline your search:
YOUR FIRST HOME — NOT NECESSARILY YOUR FOREVER HOME
For first-time buyers, consider opting for a starter home with a typical stay of three to five years. This approach allows you to save money and build equity, setting a solid foundation for future upgrades.
FOCUS ON USABLE SPACE, NOT JUST ROOM COUNT
Gone are the days when the number of bedrooms and bathrooms solely indicated a home’s size. Modern construction techniques and renovation projects often create innovative, efficient spaces in tight areas. As experts suggest, “Think about the amount of usable square footage you need for comfort and functionality, rather than just counting rooms. A spacious feel depends more on how the space is utilized than on the number of bedrooms or bathrooms.”
CONSIDER BOTH SHORT- AND LONG-TERM LOCATION NEEDS
If you plan to stay in your home for more than five years, look beyond immediate conveniences like coffee shops or commute times. Evaluate long-term considerations such as nearby schools and healthcare facilities, which become increasingly important as your needs evolve over time.
Source: Better Homes & Gardens®, May 2022
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