We always hear this term “dream home”. But what does it really mean?
Well, a dream home can be anything. It’s a property that has everything you’ve been searching for, or the potential to become everything you want. So how do you go about finding this dream property? Start here:
1. Know What You’re Looking For. Before you set out to find “the one”, understand which features are important to you and your family. Your wish list should consider:
- How many bedrooms (will your family be expanding)?
- How much space do you need?
- Where does your family spend the most time at home?
- Are you looking for a home with picturesque views?
- Do you want to be close to community amenities?
2. Be honest with yourself about renovations. How much work are you really willing to put into a house? This will impact your search in terms of listing price, age of the property, and the state and style of the property. Some people look for a dream home that already exists and some people prefer to find a home and transform it into their dream home; adding personal touches to layout, style and function.
3. Be honest with yourself about budget. Imaging your ultimate dream home is one thing. Picturing a dream home that fits into your budget is another. Part of living in your dream home is being able to enjoy it as a part of your life, not sacrificing all the other elements of your life to live in it.
4. The Community. Unless you’re looking to live in a secluded area, you’re likely going to be a part of a community. What does your ideal community look like? Figure out what type of needs you have in a neighbourhood and take into account your lifestyle. Does your family do a lot of walking? Eating out at restaurants? Some people find it helpful to spend a little time in a neighbourhood to get a feel for it.
5. Home & Property Maintenance. How much time will you have to spend maintaining your dream property? If your dream is to have a pool, take into account the time and expenses that go into keeping it up. Or maybe your dream home sits on acres and acres of land. Will those acres be treed, or will you have to cut the grass? Either way, it’s important to think about each feature you are adding to your wish list and determine how much time and money it could potentially cost.
6. Compromises. When you first sit down and make a list of all the features you’d like to see in your dream home. An important second step is to prioritize them. Start with the most important and work your way down the list. This will be very helpful if you’re put in the position where a tough decision has to be made. For example, if having quiet neighbours is high on your list, and you find the perfect house next to a garage band family, you have to decide if the home is really a “dream”. This is an example of a feature you can’t change.
Prioritizing your wishlist should be a collaborative process between the family and those involved in the purchase.
7. Everyone deserves to find their dream home. It’s important to define what your dream home is, prioritize your wish list, and be honest with yourself along the way. One of the smartest things you can do is work with an experienced REALTOR® who can help guide you through the process. They can also help you see the true potential in a home and get you through the door of all your options.
Contact us today and we will put you in touch with a REALTOR® who can make your dream home become your reality.
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