Five Important Questions to Ask yourself when Buying a New House

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Are you considering buying a new home, but do not know where to start? If you do a quick search on the internet for new homes for sale, you are likely provided a long list. Each real estate listing has different characteristics and even different buying terms. How can you decide which house is the perfect home for you and your family? Answer the following questions and you will be prepared for an easier buying decision.

What is your budget?
You will want to establish a real estate budget that you are comfortable with, before even beginning your search. In many cases, your budget will depend on the amount of financing you can secure. Work with your preferred lender and get a pre approval. Also, keep in mind, you do not have to spend the full amount of the pre approval. It is important to also consider how much, per month, you can afford comfortably. Don?t forget to factor in insurance, upkeep, and home renovations.

What size house do you need?
The size of the house that you can afford may be affected by your budget. However, it is still important to decide on a range of size. What is the maximum square footage that you need in a house? What is the absolute minimum that you could move your family into? These sizing characteristics will help you scan through new homes for sale on the market, giving you options that fit your needs better. When deciding size, you will also want to consider lot size. How important is a big backyard to you? About 83% of Americans think having a yard is important and 90% of those with a yard think it is important that it is also well maintained.

How many bedrooms and bathrooms do you need?
Perhaps the two most important parts of a house are the bedrooms and the bathrooms. Of course, the kitchen and living room are also valuable rooms, but most houses already come with those. Decide how many bedrooms and bathrooms you need to comfortably live. The number will likely depend on how many people you have living in the house with you. Do you want each one of your children to have their own bedroom? Do you want an extra bedroom to turn into a home office? Do you require a master bedroom with an in room suite? These are all important characteristics to consider when it comes to new homes for sale.

What type of location is ideal?
Location is also important when choosing a house. Do you want to stay in your children?s current school district? Do you want to shorten your commute to work? What about the local amenities? How important is it that there is a grocery store or clothing department store nearby your house? About 63% of respondents reported being willing to pay more for an apartment or house if it was located in an area with good green spaces, compared with about 34% willing to pay more for an area with good shopping, and 33% for good cultural venues. Figure out which nearby attractions are the most important to you.

What is the local school district like?
The school district is important, regardless of whether you have children or not. Buying houses for sale in an area with poorly rated schools does not do much for your property value. You will find it difficult to resell, especially to a family. If you do decide to have children, you might be forced to move to another location to provide them with a better education. In fact, the school district ratings might be more important than choosing new homes for sale based on a modern home design.

If you are wondering how to buy a new home with so many options on the market, you will find these questions to be helpful in narrowing down your choices. In 2015, about 30% of people said their primary reason for purchasing a home was the desire to own a home of their own. Before you close on your new house, make sure it meets all of your living needs.

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