Let’s face it. Most of us have a picture in our minds of the perfect home, right down to the white picket fence and neatly trimmed lawn, leading to a new home wish list that’s a mile long.
So, how do you separate your true must-haves from the nice-to-haves? First, let’s define a want vs. a need.
Needs: Necessary requirements—these are the key factors driving your purchasing decision
Examples include: The right number of bedrooms and baths to accommodate your family; a garage or yard; proximity to great schools and work; plumbing, electrical and other systems in good working condition
Wants: Non-essential items that you hope to have in your new place
Examples include: Pool; Jacuzzi; specific paint colors; a bay window or fireplace; carpeting or hard wood floors; skylights; a scenic view; a remodeled kitchen
Now it’s your turn. Take a sheet of paper and split it into two columns—Wants and Needs—and list each of your new home desires in the appropriate column.
Remember, be honest.
It may seem simple, but this little exercise will not only help you stay within your budget, it will help focus your home search and steer you toward the place that is truly right for you.
A great place to start your search? The New Homes Guide website, of course!
Good luck and, as always, happy house hunting!