9 Principles to Follow When Choosing Your Ideal Home

Below are the main factors to keep in mind when looking for the ideal home.





Purchasing the ideal home can be a tricky process. It is a big step that requires consideration of many factors. Surely, you plan to live there in the foreseeable future and do not want to make a mistake. Yet, it shouldn’t be overwhelming as by following fundamental principles, everyone can find the property of their dreams.

Here are the main factors to consider when looking for the ideal home.


Start Early

The earlier you start, the better because you never know when the perfect option will appear on the market. Even if you are in college now, you can already start planning on the living conditions. There is research to be done, and it will take a decent amount of time.

If you are worried about having no time for additional work because of the college load, there is help out there. Professional academic writing platforms like WritePaper.com can take any type of college assignment off your back. The experienced writers assist with writing, editing, and proofreading in the shortest time. This is also a perfect opportunity to learn from experts and get high-quality advice on academic writing in general.

At the same time, one might start working on their ideal home plan. Remember that it might take longer than you want, but the result will be worth it.


List Your Desires

The difference between buying any property and a dream home is that you should focus on what you want rather simply than what you need. This is why it is an ideal home. It should feature things you always wanted to have.

Ask every family member who is going to move with you to create such lists. Also, let them prioritize their points. For instance, your partner’s top priority might be a secluded area with little noise. But they also might enjoy sunset-sided windows in the bedroom.

Priorities will be helpful in a situation when you need a compromise. Consider such factors as:


  • ● Location in terms of city or district;

  • ● Noise level;

  • ● Infrastructure;

  • ● Number of bedrooms;

  • ● Backyard or pool;

  • ● Architectural style;

  • ● Specific features like a balcony, terrace, or vegetable garden.


Of course, it doesn’t mean that you will find a place that fits all your desires. But knowing exactly what you want will help to narrow down the search.


Evaluate Your Resources

Home has to be affordable. Not in terms of cheap but in terms of your ability to afford it.

This is not the most exciting part, yet a necessary one. Do not stretch your budget too much because buying a property means not only paying a monthly mortgage. It also includes:


  • ● Local taxes;

  • ● Utility costs;

  • ● Association fees;

  • ● Renovations;

  • ● Possible construction.


Ideally, your payment should not exceed 30-40% of your monthly income. Consider what you can cut down on; for example, opt for on-budget renovation or do some of the work yourself.


Follow the Principle of Progression

This is a principle of getting the best of your investment in case you ever want to sell the property. Or you just want to have a good deal. It can be translated to “buy the cheapest house on the block.” The better houses around it enhance its worth.

On the contrary, the principle of regression states that one should not buy the most expensive house on the block. As its value is decreased by the cheaper options around.

Of course, you need to remember that every deal comes with a cost. So before you settle for a bargain, think of why the price is so low. The house might have curable and incurable defects.

Curable ones are those you can solve with exterior or interior design and some renovations within your budget. For instance, maybe it looks ugly, but with some painting and landscaping, it will be amazing. Again, this won’t take too much money.

Incurable defects are major issues that might take a lot of money to fix. Or they can be unfixable at all, for example, living next to a landfill. These include heavy construction works like changing the roof or replacing the plumbing.



Get to Know the Location

Before you sign the deal, walk or drive around the neighborhood. Visit local parks and restaurants. Analyze how it makes you feel and whether it is what you are looking for. You can also talk to residents and ask them about their living conditions.

Take note of what the neighborhood might look like in the future, for instance:


  • ● If there are any construction or building projects on the way and how it will affect the community;

  • ● Transportation and new links like subway stations;

  • ● Crime rates;

  • ● Schools and facilities around.


Plan for the Future

As you are going to live there for a long time, think of what you might need in the future. For example, now there are only two of you, but you plan on having an addition to the family. It means that you’ll need more space.

Or maybe you are planning to start working remotely and need an office as well. Surely, it is hard to predict everything but start with what plan you have for yourself.


Think of Layout and Space

The layout can be changed, but such renovations take a lot of time and money. Two houses might have the same 1,500 square feet, but the space inside would be completely different.

For instance, some prefer an open layout. Others opt for spacious bedrooms. In any case, the home has to be functional and comfortable. Be honest with yourself – if you do not like the open kitchen and living room situation now, you will not love it with time.

Imagine yourself living on this property and doing everyday things.


The Age of a Property

Whether you look for an old house with a unique atmosphere or a new building with all innovations, there are pros and cons to both of them.

Old houses have a charm to them and might come with original features new projects do not have. They also might be more affordable in many cases. The risk here is that the older the home is, the more problems it might hide. It will require more attention and possible renovations. Think of their magnitude and how they correspond with your budget.

New houses offer a lot of opportunities in terms of modern style, spacious wardrobes, and in-built technology. But they might be pricier as well.

There is no ultimate answer here; one needs to make a decision based on their resources and wishes.


The Lot Itself

Besides the house, you are also buying a piece of land. It can be easy to oversee its potential while focusing on the layout or views. Consider how you can use the area you get and whether there is enough space. Maybe you want a big backyard for children or to put a pool there. Or perhaps they do not want to deal with a large lot as it will require maintenance.


In Summary

Purchasing your ideal home is an exciting adventure. Yet, it is important to make this decision based on research and deep consideration of all the said factors. Of course, there might be compromises, but stay true to your wishes and close to a reasonable budget.





back to top