The Most Important Factor for New Home Buyers

 

What is the most important factor new home buyers need to keep in mind? The Most Important Factor for New Home Buyers is Establishing a Budget and Sticking To It.

 

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First Home Isn't a Dream Home? No Problem!

Your next home might not be your dream home. But with the right budgeting and strategy, combining professional renovation and DIY projects, your starter home may be more than sufficient to help get you the home of your dreams.

 

Budgeting Helps You Find The Goldilocks Zone

Bigger homes cost more to heat and cool. They have higher gas, water, and energy requirements, all of which add up. Smaller homes too might not be ideal for your family, especially if you’re looking to have children fairly soon. Budgeting helps you to find the Goldilocks Zone of home pricing, by not stressing you financially from being too costly, while not by being too small to meet your needs.

 

Budget for Updates to Boost Resale

Setting an optimal budget allows you to find a home that fits your needs best. It gives you room to budget in updates for your flooring, kitchen or windows, or any other updates you plan to add value into your home so you can get top dollar when selling. You’ll also be able to deal with unexpected expenses with much greater ease. 

 

Enjoy Your First & Plan for the Dream Home

While building equity with your starter home, you can give more consideration to the type of home you’d like to have eventually. You can factor in your hobbies, your desire for a great TV room, or a spot for woodworking. Whatever it is, you’ll have time to zero in on what you really want, and things you don’t want. And don’t forget the importance of location or commute times.

You need to know what is important to you before making your next purchase.

 

The Blue Coast Team is here to help you through all these considerations. We’ll help you make the best decisions possible.

Call Amanda Woolacott today at (519) 330-4338, and Welcome Home to the Blue Coast!

 

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