thinking of new home needs

How to Determine Your New Home Needs

Are you at a point where your home doesn’t suit all of your needs anymore? Perhaps you had a baby and realized you need more space, or maybe you got a big raise and are ready to purchase the home of your dreams. Whatever your reasons are, you need to determine your needs before you begin house hunting. Here we’ll show you where to start and what to look for in a new home.

What Do You Need?

First things first, you should consider what it is that you really need in a home at this point in your life. Is it a condo, a bungalow, or a sizeable two-storey house that you’re after? Do you need two or five bedrooms? Are you looking for a home with a large kitchen or do you barely cook? Do you need a finished basement or office space? Now’s the time to figure out what you really need as opposed to what you want. This will help you shortlist the homes that are best suited for your family instead of getting overwhelmed and wrapped up in all the details that don’t really matter.

What Do You Want?

After you have figured out what you really need in a home, now you can start listing out the items you want. Maybe it’s a big backyard or a large newly modelled kitchen. Figuring what you want in your new home will help you determine what you’re willing to pay a little more for and what you can live without.

thinking of new home needsWhat Neighbourhoods Suit Your Lifestyle?

Before you start browsing through listings, you should also determine your top three locations. Consider some points like how far away from work are you willing to live, do you need to be near good schools, or is it important to be within walking distance to amenities and services? Creating a checklist that details all your neighbourhood requirements can help you pick the right place for your lifestyle.

What Can You Afford?

If you have already arranged for a pre-approval from a lender, then you have a pretty good idea on how much you can afford. When you start house hunting, you should only be looking at homes in this price range (to start). And since you’ve already determined what you need, want, and the location you desire, your search should be relatively easy at this point. All you need to do is to use the search functions to look for homes in your desired neighbourhood and in your price range, and then target the specific needs that you’ve identified.

Shopping for a home shouldn’t be difficult, but it’s often quite overwhelming for most. That’s why you need a helping hand from a Realtor® who knows each market and has an incredible track record. When you’re ready to determine your new home needs and find the perfect home for your lifestyle, call us at Geoff & Bobbie.