There are so many things to think of when buying a home. It can be difficult to think of everything when you are house shopping. When you tour potential homes it can be easy to get caught up in things that may not be as important after you move in like storage, parking, and privacy.

When home shopping you should make a checklist of the things you must have in a home so you don’t get caught up in the new granite countertops or the beautifully decorated master bedroom. Think function over style when making a buying decision.

Here are some things you may want to consider putting on your must-have list.

Storage
When walking through a home make sure to make note of the amount of storage. A good staging job can disguise a home with too little storage. Imagine the home with no furniture and picture your furniture and belongings in place. If you are seriously interested in the home bring a sketch pad and measure the rooms and draw a quick sketch of walls, doors, windows and closets.

Location
Consider the location of the home to places you frequently travel. You may only be a few miles from the store or work but what is the commute like? Do a practice run at rush hour from the home to your work. If you are moving near public transportation give that a try too. Make sure to try the commute both ways.

Enough Power and Water Imagine waking up the first morning in your new home and finding out the water pressure is barely enough for a shower or the water gets cold half way through.  It is important to determine if the plumbing and wiring can accommodate your lifestyle. Check the size of the hot water tank and run a few plumbing items at a time to check the water pressure. Talk to your home inspector about the electrical system. Make sure the home inspector knows the kinds of electrical equipment you run and the number of people that will be living in the home.

Privacy
Many buyers overlook privacy until it’s too late. Try to spend some time in the house. Look out the bathroom and bedroom windows and test what you see. Do a walk-through of the home and pretend to go through your day. Sit in the back yard and on the deck to see and listen to the neighbors.

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Year after year, study after study, good market, down market the story is always the same…owning a home is a good investment. Not only does it build wealth but it also provides many psychological benefits too.

A survey released earlier this year by the magazine Better Homes and Gardens found that eight in 10 respondents said homeownership is still a good investment and believe owning a home is a smart financial move and a source of pride.

Here are some results of the 2,500 people surveyed online:

  • 86% of home owners still feel owning a home is a good investment.
  • 85% feel “owning a home is one of their proudest accomplishments.”
  • 69% of Americans who don’t currently own a home agree with the statement, “No matter what happens in the U.S. housing market, owning a home is still an important goal in my life.”
  • 68% of Americans plan to spend money on their homes in the next six months, with roughly half (49%) expecting to pay up to $1,000.

 

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