Choosing The Right Home

Jun 26, 2013 by

Purchasing a house is one of the most expensive investments you will ever make. Naturally, when such a big amount of money is at stake, extreme caution needs to be taken when selecting the right home for yourself and your family. There are certain important factors that need to be considered while buying a house:

1       Estimating Your Budget:

Calculate the total amount of savings and loans that you can use to buy a house. If you are currently living in a self-owned home or apartment, how much return will you get for selling it? If you are currently living in a rented space, do you have any rent-debts to pay off? How much money would you be left with after all this? After making the estimate calculations, always set some money aside for any repairs and furniture that you may need for your new home.

2       Considering Climatic Factors:

If you have been living in a cold climate, you may wish to choose your new home in similar weather conditions. However, if you are moving only to get away from the cold chilly winds, you will obviously want your house in a warmer location.

Weather conditions not only affect your own health, but also the upkeep of your house. For instance, if you live near the water, where the atmosphere is humid and damp, the paint may begin to peel away from the walls. In such circumstances, your house demands more maintenance than you originally thought possible. So always consider the ideal weather conditions you require, prior to finalizing a locality.

3       Selecting A Locality:

Based on the estimated price-range and climatic considerations, start searching for the neighbourhood that you want to live in but make sure that you can afford it within your budget. Your decision can also include your consideration of; the crime rate of a particular area, the neighbours that you would have, the availability of public facilities such as, hospitals, police and fire stations, educational institutions (especially if you have children) and area parks; or you may even think about the cleanliness of the neighbourhood.

4       Finding The Right Floor Plan:

The floor plan of the house should be according to your needs. If you are single, you may be able to live quite comfortably in a small house with a single bedroom and if you are buying a house to live with your partner, a two bedroom floor plan may suit you well to accommodate for any guests that you may have. But if you have a family with 2-3 kids or your parents live with you, then you will need to ensure that you have enough space to accommodate them.

After all, purchasing a house is a big investment. You might not be able to make a similar investment again in a short time duration, just because you lack space. So choose your floor plan wisely. Moreover, if you frequently host large parties or have guests that stay overnight, you will want to consider the space of your home.

5       Surveying The Condition Of The House:

Once you have chosen a locality and the proper house within that locality, always make sure that you visit it personally. Do not form a judgment instantly if the outer appearance of the house is not charming enough. Check the inside thoroughly; looking for any damage that may later become an expense for you. Turn on the faucets, lights and heating/cooling systems to ensure that they are in proper working order.


Buying a house is not at all similar to other kinds of shopping. People often like a dress in one shop but still check the entire mall before coming back to the same shop for that very dress. In most cases, shops have enough quantities of the same dress in stock, to be able to cater to your needs. But residential properties once sold, are not available in abundance to the estate agents.

So if you find a house that suits you, choose wisely and make an offer on it. If you wait too long, you just might lose your dream home to some other buyer who was quicker in finalizing his decision.

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