Buying Tips that can help you create your perfect lifestyle property solution.
How long do you expect to live in your new home?
If it’s only for a short time, resale value may be of paramount importance. So consider potential changes in your family’s lifestyle and size, children, grandparents moving in, job changes and these days, the growing trend towards working from home.
Which location is best for you?
Consider convenience and cost of getting to schools, shops and work along with any extracurricular activities important such as sports and hobbies to all household members. This may bring up areas that may have not been considered and eliminate others.
Discuss and establish the price range you can comfortably afford to pay for your new home.
This price range can usually be qualified by contacting your lending institution and or a mortgage broker for a comparison. This will create the financial confidence you need when purchasing your new home. Specially if a pre- approval status can be obtained (when your mortgage lender has reviewed a formal mortgage application and financial records, completed a satisfactory credit check and approved a specific loan amount, subject to an valuation appraisal usually done by a independent valuer which may include a inspection of the home you decide to buy.)
What style of home will suit you and your family lifestyle needs.
Consider each family members individual priorities for example what are the privacy and needs of each family member? Do some children or family members enjoy sports, hobbies, activities that may require allocated space whether inside or outside the home? Keep in mind the space needs of children and other family members. These can change dramatically as their lifestyle and maturity changes, for example privacy and their own space may become a priority over other leisure activities based around the home.
Would you like a low maintenance home or would you consider renovating your new home to suit your lifestyle needs.
If your decision is to renovate you should consider to what level and the effect on your lifestyle needs, as this requires time, expense and effort to renovate and or maintain, and how would this affect your other family lifestyle needs?
At Burleigh Miami Realty our Consultants are here to help you create your perfect lifestyle property solution. Call us today on 07 5535 3500 or 1300REALESTATE.