Wondering where to start when looking for your next home purchase? What things should you consider? Shopping for a new home can become overwhelming, but it doesn’t have to be! Below we have listed five of the top factors you should consider when you are shopping for a new home.

1. Location, Location, Location!

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There are so many factors that can come in to play when choosing a location for your home. You may find the perfect home for your lifestyle — but will it mean a not-so-desirable commute?

Some main things to consider when picking a location:

School district
Commute to work
Climate
Property value
Nearby attractions and amenities
Neighborhood aesthetics
Nearby construction (which could affect the home value of the property for resale)

“When you set out to shop for a new home, make sure the neighborhood isn’t just desirable to you but has objective qualities, such as attractive amenities, safe streets, and good schools, that will help ensure your investment appreciates in value over time.with something smaller, but in other cases size is the most important thing.” –Investopedia.com

2. Floor Plan

A floor plan that you love is important for so many reasons. Some people prefer an open floor plan, while others prefer a smaller, more enclosed feeling. For a living space, having an open kitchen and living room can create an inviting area that will also accommodate more guests or family.

Some additional things to consider when picking a floor plan when shopping for a home:

Has an open and spacious kitchen area
Showcases the home’s best features
Fits your family’s lifestyle (one-story or two? More bedrooms or more shared living space? Large backyard or more square footage in the home?)
Matches your personal priorities

If you are looking for a turn-key home when purchasing, it is important to consider these factors or decide which aspects are most important to you. Maybe you are open to renovating, when looking at floor plans, consider what could possibly be torn down, or added in to create a floor plan of your dreams!

3. Bedroom and Bathrooms

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Do you have kids, live-in family members, or others who will be visiting your home often? These are huge factors to consider when deciding on the number of rooms and bathrooms you’d like in your home.

With COVID-19 in full force, many individuals are now working from home as well. This change of pace has also led to many jobs permanently becoming remote; therefore, a home office may be something to now consider.

Things to consider when deciding how many bedrooms and bathrooms to have:

How many people will be living in your home
Will you be needing a den to work in?
Will you be expecting guests?
If multiple levels, consider having bathrooms both upstairs and downstairs

When deciding on the amount of rooms, consider the current circumstances you are looking for, what you may need in the future, and the flexibility your your final decision will bring.

4. Landscape and Curb Appeal

Determining how much landscape you are willing to take care of, or maybe you’re looking for maintenance-free, is important when shopping for a new home! A large property may mean you spend a lot of time on landscaping, whereas a small patio will require significantly less time and effort.

Other points to think about when it comes to landscaping:

Does the neighborhood come with included yard maintenance or rules?
How much time do you want to spend on yard work
Is there enough property for your landscaping plans?

For more information on landscaping and adding value to your home, check out our latest blog post here.

5. Storage Space

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Many people value storage space in a new home, while others may hardly care about it. If you own a lot of stuff, or many people will be living in or visiting your home, a large amount of existing storage (or a feasible way to add more) may be very important to you.

Things to consider when deciding on storage space:

How many closest you are looking for?
Do you need extra hallway space or linen closets?
Does the home have a garage?
Are you wiling to sacrifice storage for another aspect of your dream home?

Are you ready to start shopping for your new home and live in the Phoenix metro area? Let Value Nation help you get started! Contact us today.

Shopping for a New Home: 5 Things to Consider - Andy Cooper - Value...