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When you’re searching for a home, it can be quite difficult to come to a final decision. There are many factors that go into buying a home, and weighing all of them can be quite stressful.
In addition, there is so much weight and importance behind buying a home that you can be extremely apprehensive about making the wrong decision.
Thankfully, there are some surefire ways to tell if a home is right for you. If all of these factors are true, then you know for sure that you’ve found your dream home.
So how can you tell that you’ve found the right place to settle down in? Here are five signs you’ve found the right home.
1- Fills Your Wants
One of the most important signs that you’ve found the right home is that it fills most of your wants and needs that you want out of a home.
There are a wide variety of things that you may want out of a home, such as a backyard, a master bedroom, or two stories. While it may be impossible to find the perfect home that checks all of your boxes, you’ll likely find a few that fill most of what you’re looking for.
These homes should be added to the shortlist of homes you’re looking at. Obviously, if a home doesn’t fulfill what you want out of a house, it likely isn’t the home for you.
2- Fits in Your Budget
Although it may be tempting to splurge when buying a home, you should avoid it at all costs. Even if a home has all the features you want, it is not advised to go outside of your budget.
First, you may not even be able to afford the down payment, forcing you to dangerously exhaust what’s left of your savings.
Even if you’re able to scrounge up enough for the down payment, you may struggle with making the monthly mortgage payments for a house outside of your budget. Mortgage payments outside of your budget can greatly restrict your financial flexibility.
While you may enjoy your pricy home, you’ll likely have to make other sacrifices in your life that just simply aren’t worth it. If you’re not sure whether or not you’ll be able to afford a home’s monthly mortgage payments try using a house payment calculator.
If a home is well outside of your price range, then you shouldn’t even consider it. However, if a home fits perfectly within your budget, then it could be the right option.
3- Future Relevancy
A common trap that people fall into when purchasing a home is simply buying for their current needs and neglecting the future.
We as humans want to solve the problems we currently have, and sometimes we lack the foresight required to consider the problems we face in the future. However, when making a long-term commitment like buying a home, you need to consider your future.
For example, you may not have children now, but seven years down the road, you may have multiple children. As a result, you may need to think of things like house size and school districts, which weren’t really relevant when you first purchased the home.
You may also purchase your home due to its proximity to your current job, but there’s no guarantee you’ll be working at that location forever. If a home satisfies both your current needs and doesn’t restrict your future options, it is likely the home for you.
4- Good Location
Another important part of deciding on a home that’s right for you is the home’s location.
As mentioned before, you need to consider things like proximity to work or the school district the home is located in. However, those are not the only things you need to consider when it comes to the location.
You also need to think about the distance to amenities such as the hospital, police station, and fire department.
Finally, you’ll want to think about the neighborhood the home is located in, as high crime rates and bad neighbors can really ruin a location. However, if you’ve done your research and are satisfied with the location and what it brings to the table, then the house just might be your dream home.
5- Gut Feeling
The last factor in deciding whether or not a home is the right one for you is your gut feeling and how the home makes you react. If you can’t decide between two homes, simply go with your gut and choose the one you have a better feeling about.
Humans have great intuition, and your gut instinct will usually lead you in the right direction.
Obviously, you should first narrow your choices down using the previously mentioned factors like price and location, but there’s no denying the importance of your gut feeling. If you tour a house and you feel connected to it immediately, then chances are you’ve found your dream home.