Five Signs A Home Is The Right Fit

Room for change – Space forecast      
 
Finding a home that’s the right ï¬Ât requires you to put on your visionary hat. Purchasing a home that’s too big or small can be a costly mistake that’s hard to undo.
 
To make sure you properly assess your prospective home, develop a space forecast for your housing needs over the next 7-10 years (the time it normally takes to maximize the beneï¬Âts of ownership).
 
Here’s a short list of a few factors to consider:
•   marriage or moving in together  
•   having or adopting kids and animals  
•   sending kids off to college or to their own separate households  
•   adult kids or family members that may need to move in
 
Maintenance that really won't break you
 
The handling costs of owning a home can range from minimal to massive. They can also very drastically change based on a home’s region, condition, original construction date and other factors. 
 
Before you buy, talk to your local real estate expert about the average maintenance costs of homes in your neighborhoods of interest.  Your agent can offer special local insight to prevent you from drowning in maintenance costs you didn’t anticipate.
 
Repairs you really want to tackle
 
If purchasing an existing home, chances are you’re going to want to make a few adjustments. 
 
After you’re done touring a property and brainstorming improvements, do little extra research. Get ï¬Ârm estimates of the time, effort, and dollars involved in turning your potential home into your dream space. 
 
Also, ask your agent about home warranties that can minimize your exposure to future repair costs.        
 
Lifestyle friendly fees
 
Whether you’re buying a single-family home or an apartment-style condo, ownership association fees have become much more common. And while most balk at the idea of the extra monthly costs, these fees can be a great investment if you shop correctly. 
 
The key: Invest in beneï¬Âts that have value to you. 
 
Example: If you hate routine lawn maintenance, a monthly fee could be a small price to pay for a lot of peace of mind.
 
Commute compatibility
 
Your commute seems like an obvious consideration when making a home purchase, but be sure you don’t stop at your ride to work. Factor in other places you frequent like schools, the grocery store, and other important lifestyle amenities.
 
To ï¬Ând out what’s close to your prospective property and check its walkability score, visit Trulia.com and enter your property’s  address for an up-to-date look at important points of interest nearby.
 
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Larry Ditty
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