Home Buying Needs vs Wants

Imagine what your dream house looks like. You have particular needs, and you can’t imagine not having them fulfilled. But there are going to be some desires that you will have to let go due to affordability issues.

There is a bundle of things that are to be considered before buying a home.
Would you like to have a swimming pool?
Where is the house located?
What makes it special?
What can you afford and what is out of your budget?

Budgeting restricts us more than anything else in most cases. While some things are necessary for any home, others will just stay on the list of desires without ever coming to reality.

You might have a first impression of what you need and what you desire to have in your new house, but having a complete checklist can prove to be complicated.

Before starting your hunt for a new home, it is advisable to make a list of all your basic needs and desires while targeting the most important ones.

Making a list and highlighting what truly matters is the way to go. On top of it all, it will make the hunt easier, but at the same time, you need to know that it’s nearly impossible to have all items checked.

Buying a house involves certain aspects, and it is not a simple process.

You can think about budget estimation, choosing the location of the house, contacting lenders ahead of time as well as having detailed discussions with the retailer.

It is also about avoiding traps. You need to be careful and avoid different scams that are out there.
It’s similarly ideal to have a list of priorities for all your requirements that are related to the new house, which you intend to buy.

Having the image of your dream home is reality married with imagination.

In fact, you may find that some aspects of the house you intend to buy are different. It's not the same as what your dreams would've told you. Some criteria you might be looking at include:
·         Distance from your job
·         Nearby facilities
·         Swimming pool
·         Countertops
          Condition of doors and windows

Different people have different requirements.
It all depends on your thought process and personality. We all understand important things and potential compromises differently.

Needs, like basic requirements, can’t be ignored or compromised. Desires, on the other hand, are to be left behind if the situation demands it. You need to make a clear distinction between what necessities are and which items you would classify as desires.

You need to acknowledge that no matter how many desires you have unfulfilled at the moment; they can be worked on at a later date. Maybe you don’t like the color of the walls or the window frames, but it’s very easy to repaint walls and change the windows later.

Without being limited by a certain budget and the basic requirements that you can’t let go of, you should be able to find a great home at an affordable price.

Pet Owners
The majority of people like to have pets in their homes. Some people openly confess that their children and pets are almost equals.

Pets have so much importance in their lives that some people even think that they could have children later on in life based on their relationship with their animal.

Also, those parents who have grown-up children and are alone at home have adopted a lifestyle with their pets.

Home buyers who are pet owners have specific requirements as well, they have to consider providing for their pets.

It is essential that the neighborhood in which you are going to buy a house in has no restrictions on pets. You need to be careful and have it documented.

Usually pet lovers don’t like carpets, because their pets destroy all the carpet fabric and make a mess.
 If you are a pet lover it is better for you to find a home that has a fence, because the security of your pet is an important part to consider.

Then you need to consider the arrangement of rooms and the structure of the house to make sure it’s suitable for your pet(s) too.

Traffic in the area is another checkpoint, because certain pets such as dogs and cats go out on the streets if the door is left open and if it’s in an area with heavy traffic then that’s a real problem.

If you want, you may also ask if there were pets in that house before. It is also important to have pet-friendly neighbors because otherwise if they don’t like pets, that will create trouble for you and your pet as well.

Pet services the vet should be near the house, or at least in range for a relatively short car ride.

You can't go to buy a home without choosing a location that you like. One of the most significant decisions when buying a home is where you want to live.
Location influences your everyday life.

The climate, job opportunities nearby and availability of necessary facilities are the most important aspects.

A home normally translates to peace and happiness, so the place that you choose for your house must be peaceful and at a distance from highways and other heavy traffic roads. It should also be fairly close to relatives or friends, if possible.

It is a known fact that in real estate, the most significant aspect is location.
The price is mainly based on the location and condition of the property. When someone starts looking for their house, it is important for them to consider the location and how far it is from schools, shopping areas, and other facilities.

Reviewing these points and then making a decision based on them is a wise choice because as much as you might have to pay more when you close the deal, it may actually save you from many expenses and headaches later.

Home also means comfort, and comfort can’t come if the location is not suitable.

If you have a family or are planning to have children soon, then having schools is undoubtedly an important consideration when buying a house.

Living in an area where good public or private schools are available will save you from later headaches.

Even if you don't have kids yet, it’s a good idea to have quality neighborhood schools so as to increase the value of your investment when selecting the location of your new home.

If you have difficulties finding a house near some schools that meet the threshold of your standards, then
you may have to change your mind and choose another house.

This aspect is indeed one of the primary requirements for most people.

Different neighborhoods will have different characteristics. Sometimes, the neighborhood becomes a reason for your happiness, and sometimes it becomes a headache for you.

You must make sure to be in a neighborhood that offers the closest possible match to the kind of lifestyle that you like and the personality that you possess.

Don’t choose the wrong neighborhoods believing that it’ll work out later. Even if you have a peaceful family life, neighbors can cause problems if you aren’t in the right area.

Ideally, neighbors are the people who reach you in case of any difficulties and if they are kind, they will help you through any difficult situation you that you may encounter.

Good neighbors can sometimes be trusted to watch over your kids when you’re away, or take care of your pet(s). A good neighborhood is not only a blessing but also a fundamental need because without it, there could be no peace at home.

While buying a house, there can be many things that require compromises.

Compromises may arise because of your budget, personal preferences, and dislikes, the location of the home, size of the garage, community, and distance from different important areas as well as structural integrity.
You must carefully make your decision because buying a house is a one-time job that can hardly be undone. 

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When preparing your home for sale, you need to fix things up, declutter, perhaps slap a fresh coat of paint on a few walls. That’s all part of getting your property ready for buyers.

But there’s another type of preparation that you also need to do. And, the sooner you do it, the less stressful your move will be.

You need to get all your paperwork together.

Here’s what to gather:

  • Property documents such as deeds, easements, surveys, liens, etc.
  • Mortgage documents, plus any other loans (i.e., line of credit) that use the property as collateral.
  • Maintenance and service agreements that may continue with the new owners.
  • Warranties and guarantees that are transferrable to the new owners.
  • Recent utility bills, such as water, electricity, etc.
  • Rentals (i.e., water heater rental.)
  • Home security agreements and codes.
  • Contracts for any work done on an ongoing basis. For example,
         lawn maintenance.

Getting these records together early will ensure you’re not scrambling at the last minute to find them. Some of these documents, such as warranties, also make for attractive selling features.


When considering whether or not to sell their home, many people think about market conditions. They consider whether it’s a buyer’s or seller’s market. They look at trends. They try to time the sale to get the best price for
their property.

While market conditions certainly can play a role in deciding whether you should sell now rather than later, many other factors can influence that decision too.

For example, you might have outgrown your home and need more space. Perhaps you need an extra bedroom or a larger kitchen. If you wait until market conditions are perfect, you may languish for months — or even years — in a home that’s too small for you.

The same can be said for downsizing.

Another “non-market” reason you might want to sell your home sooner rather than later is the neighbourhood. Is there another community more suited to your lifestyle that you want to get into? If it’s a particularly desirable area, you don’t want to wait too long to make a move. If you do, you might lose some good opportunities.

There’s also the emotional side of the decision to consider. You might simply want to move for no other reason than you need a change. That’s as good a reason as any to put up the For Sale sign and find your next dream home.

Other non-market reasons for selling include:

  • Wanting a shorter commute to work.
  • Desiring a different style of neighbourhood. (Rural rather than urban.)
  • A change in family situation.
  • Living closer to relatives and friends.
  • Wanting a particular property feature, such as a backyard with
    mature trees.

The point is, don’t just consider market conditions when deciding to sell. Look at all the reasons and then move forward with confidence. After all, you can sell and buy in any market.


What is it about your property that stands out? What will buyers like most about it? What are your home’s most enticing features?
Answering those questions will help you determine which features to emphasize when selling your home. After all, you want buyers to notice and appreciate your property’s best characteristics.
But here’s the challenge...
It can be difficult to determine which features of your home are particularly desirable to buyers. You live there! So, there might be a fantastic characteristic of your property that you’ve gotten used to. You might not even realize its value.
One way to gain perspective is to ask friends, “What is it about our property that you like most? What stands out to you?” Ask them to be candid. Often, they’ll reveal characteristics about your home that may surprise you. You’ll definitely gain insights that will help you when listing.
Another technique is to compare your property to others in the neighbourhood. Buyers often target neighbourhoods, so realizing how your home stands out can be helpful when marketing it. For example, your property might have a larger backyard than most others on the street, or it might have a lot of recent upgrades.
Another way to discover your home’s most attractive features is to talk to me. I can tell you what buyers will like most about your property.