They say the average person buys a home 3-5 times in their life, but if you find a home that is absolutely perfect, in every single way and detail, then why would you move less or more than that?
If you’re thinking about starting your search for your forever home, here are some things you should keep in mind:
1. Start With a Wishlist
Start by getting out a pen and paper, and make a list of everything that your forever home should have. Remember, you’re planning on being there for the long-term, so the things on your list should reflect your true must-haves and you likely don’t want to settle on anything. Your first home is where you settle, but your forever home is where you get everything you want that. If having a pool, an oasis type backyard, or a cozy brick fireplace is really important to you, then absolutely write it down.
2. Set a Budget
If you’re starting with a wish-list of everything you want in your forever home, chances are it’s going to be expensive. So once you’ve put together that list, sit and plan how much it will cost you, either by yourself or with the help of a real estate agent. While it might make sense to get a sense of your budget before you write a wish-list, I personally think it’s more important to establish exactly what you want first, and then figure out the cost; after-all, this is your long-term dream home we’re talking about here, and you probably don’t want to compromise much.
3. Don’t Think Too Much About Travel Times
When you’re thinking about how long it will take for your forever home to get to where you need to go, don’t just think about your current working situation. Things change, and you may accept a new job further or closer away, you may go through a life changing event, or you’ll likely retire one day. With that in mind, you shouldn’t think too much about the commute, but rather, how much you love the location you’d be living in. The only other detail is that you’ll likely want to think a bit about is how close you are to essential services, because once you’re older, you may not want to, or be able to, drive an hour to buy a loaf of bread or fill a prescription.
4. Think, but Don’t Overthink, About Your Neighbours
Often, neighbours can make or break how you feel at home, especially if you live in a semi-detached home. So, when you’re looking for your forever home, you should certainly make sure that you like the neighbours, but as well, remember that people move, and even if you aren’t thrilled with who lives next door now, they may move away.
5. Consider How Much Work it Will Be for You
A 2-acre property with rolling hills may sound great right now, but later in life, it may also seem like a lot of work to maintain. So if you do decide to buy a property that has a lot of yard work, you may need to consider the fees that go along with someone else taking care of it for you. If you don’t think you’ll want to pay those fees, then you may want to consider buying a property with a smaller outdoor space or even a modern loft space with no yard work at all.
Remember, whether you’re at an earlier or later stage in life, buying your forever home is all about getting exactly what you want for the current you and for the future you!