You’re not just buying a house, you’re buying a lifestyle! That means when you’re writing out your list of must have home features and deal breakers, you need to think beyond the “house data” and figure out which features to focus on that will give you the lifestyle you want to live!
As a buyer, you might say you’re looking for a 3 bedroom home with an internal access double garage on at least an acre, and with an updated kitchen. An example of what you really might be looking for is a place to raise your growing family, a kitchen that overlooks the private backyard where you can watch your kids play while you make dinner, and extra space in the garage for storage of some toys (for both young and old!) and a beer fridge! That’s just an example but I think you get the idea. So the lifestyle you are going to have in your new home is something you want to consider when determining which home features are best for your needs.
Number one - LOCATION MATTERS FOR YOUR LIFESTYLE!
You hear it all the time in the real estate world – it’s all about the location, location, location, location… and it really is true! Because while you can change paint colors, bench tops and put on that massive deck you’ve always dreamed of, you can’t move your house to a new spot in Whangarei (not without a lot of extra money anyway).
Think of things like what your work commute will be like, how far of a drive you’re willing to have each day, the features you want in your community, and the school district you want to be in if that is important to you. Do you want to be in walking distance to the Town Basin? Do you want to be set further back from the road for privacy? The location of your home will be something that isn’t going to change so figure out what is essential to you when it comes to the location of your home and the lifestyle it will create!
Now let’s talk about the home features that fit your lifestyle. When you think of home features it’s easy to automatically jump to your running list of criteria such as the size of the garage, how many bedrooms you want, that must have updated kitchen and all of the “house data” like I mentioned. However, you are ultimately buying a lifestyle, not just a house. So I have some things for you to consider when it comes to the type of lifestyle you are ultimately looking for when you make a move! Write down these questions and really think about what your answers are:
These questions will help you determine which features could be the most important to focus on when the time comes to look for a new home. Maybe features like hardwood floors aren’t as necessary as having a layout that is perfect for entertaining and hosting dinner parties. You can always swap out flooring later but the layout will be a little harder to change!
Think about how much time you want to put into your house. Do home flipping shows on HGTV resemble your homeownership goals? Many buyers are intent on finding a house they can renovate exactly they way they want which is awesome! However, they often don’t realize how much work, time and money it can take. HGTV can make renovating and flipping houses look a lot easier than it is in reality. Consider how much time you have to spend on home projects before getting yourself into something that is over your head and potentially over your budget which leads us to…
Your lifestyle budget. Lastly, make sure to budget for your lifestyle, not just your house. It’s important to consider how much you can afford comfortably, not just what you can afford on paper. Many buyers are pre-approved for a significantly higher amount than what they are actually comfortable paying back on a monthly basis. Think about other expenses you have when it comes to your lifestyle – what else is important to you? Do you love to travel or go out to nice dinners on a regular basis? Do you love attending as many games of the Northland Taniwha’s as possible? What hobbies do you have that cost money every month? Make sure the amount you spend on your house doesn’t eat up all of your extra funds so you’re glued to the house and can’t have any fun doing the things you love!
So there you have it, the top lifestyle considerations for buying a home! Location, home features that fit your lifestyle, how much work you’re willing to do, and remember to budget for your lifestyle! If you’re considering buying a new home in the near future and you want to chat more about the type of lifestyle you’re looking for, then just comment below or send us a message so we can set up a time to grab a coffee!
I’m here to help. So if you’re thinking of selling your home, I have a real passion for selling Real Estate, as well as marketing & coffee! I’d love to share my expertise!
Get in touch any time - 021 606 460 or firstname.lastname@example.org
Helpful and interesting info from Paul, and Harcourts to help you with your property journey.