Home Buyers Wish List

A Home Buyers Wish List is essential for any Home buyer. Almost every home purchase involves some degree of compromise, which is why it is important to prioritize your wants and needs before you begin your search. There are many variables to think about depending on your prioritize your wants and needs before you begin your search. There are many variables to think about when putting together your “Home Buyers Wish List” depending on your lifestyle, budget and future plans, but some universal considerations include:

• Location: There are many great neighborhoods, each with its own character. Consider the factors that are important to you, such as schools; transportation; and neighborhood amenities like restaurants, shops and parks. Here are some ways to research an area you’re considering. Tap local resources like the Chamber of Commerce, which can provide information about area businesses and community events. Seek out neighborhood residents and get their opinion about where they live. Drive or walk through the neighborhood at various times of the day and evening. Leverage your agent’s expertise in the neighborhood.
• Type of home:  A great diversity of housing exists within the city: single-family homes, condominiums, lofts, town homes, two-flats, new-construction, high-rises, vintage homes, re-sales and fixer-uppers. You probably have a preference for a certain style of construction. Weigh the pros and cons to narrow your focus.
• Features and amenities: Garage parking, hardwood floors, a fireplace, outdoor space, a doorman. In the end, these are the kinds of details that drive the decision to purchase one home versus another. In creating this list, some things to consider are resale value, your daily routine, and the cost of making changes or additions down the road. With more experience you might also modify your Home Buyers Wish List but you need to create one at the beginning before you can modify it as you gain experience.