5 factors that determine why you should buy that house

Deciding on a home should be easy, right? If it has curb appeal, looks good on the inside and is in the area you want to live, then there’s really not much more to think about, right? Make an offer! 

If only it were so easy! As many homebuyers and homeowners will tell you, a home is more than just a place to live. The home you choose to purchase and settle down in, whether it’s for three years or 30 years, is a major financial investment, a reflection of your personality, and plays a big part in where your kids go to school and more.

If you thought you were too particular or were spending too much time looking for that right house, don’t worry, you’re not alone! There are a lot of factors that go into the decision, and today, we’ll look at five of the biggest reasons people pick the house they do.

  1. It’s a good investment. Oftentimes the house people buy isn’t their idea of a dream home. It’s not even in a location they would want or the right school district. However, the house might be in an up-and-coming area where home values are appreciating at a faster rate than elsewhere. People often buy such homes as “starter homes,” as they are a good way to build equity and later move into a more desirable house in the right neighborhood.
  2. The house “fits” you. If there’s one thing real estate agents learn fast, it is that there is no such thing as a one-size-fits-all home. Thirty people might have walked through a house that’s perfect for you and your family. Usually, you know the moment you walk in if the house “fits.”
  3. Schools. For families with children, school zoning is one of the most important factors to take into account when buying a home. Often, this will take precedence over the typical things on a wish list, such as an open-concept kitchen, granite counters, etc.
  4. Financial. Many people decide to become homeowners because it makes financial sense. It’s the best way to grow wealth, and with rent prices skyrocketing across the country, buying a home is a smart financial move. Of course, we all need to shop within our means, and though the house you find might not be the HGTV dream house, if the price point is right, it might be perfect for you.
  5. Location, location, location. It’s an old cliche that real estate is all about location, but it’s true. Lifestyle plays a big part in this. Some people want a more private location, while others want to be near the hustle and bustle of the city. Some don’t mind driving everywhere, and others want to be within walking distance of shops and restaurants.

Buying a home is a very personalized process. A Coldwell Banker Hedges Realtor® can help you sort through the number of homes on the market and find one that’s perfect for you.

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