How do you find the home of your dreams within a price range you can afford?
Most buyers start by making a “wish list”. But, it’s easy to get frustrated when you have a long wish list and expect you’ll be able to find a home with everything on your list.
You might, for example, have “mature treed backyard” as number 23 on your list, and become disappointed when an otherwise ideal property doesn’t have one.
But when you really think about it, your ideal home probably comes down to just three or four core characteristics. For example:
- Nice, safe, family-oriented neighbourhood.
- Good-sized backyard.
- Four bedrooms and two baths.
Sure, there might be other features you were hoping for, such as “move-in ready”, or that big tree, but your “big three” are the ones you really can’t do without.
So, when you’re shopping for a new home, yes, definitely make a long list of features and characteristics you would like to have in your new home. After all, there might be properties available on the market that check off most, if not all, of those items on your wish list.
But also circle those three or four characteristics that are at the core of what you want. That will help make your property search much more focused and you’ll be more likely to find your next dream home.
Another advantage of coming up with your big three (or four) is that you’ll be able to quickly discover how much homes with those characteristics are selling for in today’s market. Once you know that price range, you’ll be able to talk with a mortgage advisor to pre-arrange financing. Being pre-approved for a mortgage is now key when you start looking for a home in today’s hot real estate market and will make your offer on that dream home even stronger.
Whatever you choose for your “big three”, I can help you find and buy that home. Call me.