What home is the right Home?
How will you know when you see the house of your dreams: A common reply is always "I'll Know it when I see it!" However, if you logically analyze your needs ahead of time, you'll be better equipped to make a decision and prioritize which characteristics are most important to you and your family in a home.
Surely you have heard the common Real Estate theory that there are three things to consider when buying a house: "Location, location, location!" While there are other important factors to consider when choosing a home, answering the following questions will remind you how important locations are in your decision.
Geography
- Will you be looking in urban, suburban, semi-rural or rural areas?
- Is the area sparsely populated, medium or high?
- Do you have a preference with regard to natural features like woods, hills, and lowland?
- Do you have a preference to be near water such as rivers, lakes, etc?
- How will you be commuting to work?
- How long will your commute be? Do you need to be near public transportation?
Surrounding Areas
- What are the characteristics of the surrounding areas for shopping?
- Is there a central Commercial district?
- Are there any shopping malls?
- Are there any supermarket, department and drug shopping centers?
Neighborhood Focus
- What is the general appearance?
- Are the homes well maintained?
- What are the main types/styles of homes?
- Do the homes appear to be "newer" or "older"?
- How far apart are the houses
Schools
- Are there both public and parochial schools?
- Are they equipped to handle special needs if needed?
- How do children primarily get to school?
- What is the teacher per student ratio?
- Are there after-school activities?
- How well are the schools ranked? State and Nationally?
Recreational Entertainment
- What forms of entertainment are offered?
- Are there public parks, country club, and /or sports teams close by?
Community Involvement
- Is there a Home Owner's Association? How active are they?
- Is there a PTA and a Neighborhood Watch program in Place?
Find out the answer to these questions, and then determine which items are important to you and which you can live without.
Make a list of features and amenities that you would like to have in your home. Make a chart, rank them and find out the most important features.
As you can see there are many things to consider when purchasing your dream home.
Please come back next week when I post the next issue.
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