My Real Estate Blog

When considering buying a home, it's important to sit down BEFORE you hit the streets and come up with a 'Wish List'.  "In a perfect world, this is what I want."  It's just as important to understand that you probably won't find everything on your list, but you never know what's out there.  Here are some things to consider for your list:

1. Fixer-upper vs. Move-in ready:Many buyers look at home ownership as a way to make their mark on a property. They're confident in their renovating skills, or they're eager to improve them. Part of the appeal may also be that many fixer-upper homes cost less than comparables which are move-in ready.

2. Location: Do you need to be near public transportation, rail lines, and subways? Keep in mind that in larger metro areas, close proximity to transit can send prices sky high. You'll also want to think about entertainment, restaurants, and night life. Is it important to be near the hustle and bustle, or away from it?

3. Schools: It's no secret. The quality of various public and private schools range widely. Be sure to research school districts before starting your home search.

4. Architectural Style:Some people are drawn to the clean lines and light and bright spaces of a modern design, while others enjoy the cozy charm of a Victorian home. Leaf through magazines, do searches online, and read up in architectural books to decide on what style of home best fits your style.

5. Upgrades: Are you geared towards granite? Do you marvel at marble? There are certain upgrades that buyers covet. Make a list of what upgrades you would most like to see in your home.

6. Interior Styling:If you have allergies, then you may hate carpet. And while replacing flooring isn't a budget breaker for some, it can be for others. Interiors can be changed, but time and money are always a factor. By having in mind the type of interior you most desire, you can cut out homes that will be too much work.

7. Great Yard Expectations: For some buyers, the perfect yard is one that requires zero maintenance (hello, condo owners). For others however, the ideal yard is large, private, and landscaped.

8. Old vs. New: Old homes can carry a lot of charm, but they can also require hefty maintenance. New homes are not maintenance free, but they may come with certain warranties from the builder to protect you for a few years down the road.

9. To Garage or Not Garage: Do you want a detached or attached garage? Detached garages are perfect for homeowners who work on noisy or smelly projects. This way the house maintains a distance. Other buyers prefer to have a warm walk from the kitchen to their car each morning.

10. Detached or Attached: Single-family, townhouse, or condo? There are many choices when it comes to homes. Condo owners love the ease and convenience of living in a community with extra amenities. Single-family dwellers love the privacy and space their homes provide.

Again, it's important to understand that you may not get all of the items on your wish list, but having a solid list written out will help guide you in the right direction during the search for your dream home.