Shopping for a Bandon OR home is one of the biggest decisions you will ever make. A homes is both a financial decision and an investment in your family’s future. Everyone needs to be happy and comfortable in the house for years to come. Consider how to choose the perfect home for everyone in your family.
How Big is Your Family?
The size of your family matters when it comes to the number of bedrooms and bathrooms. For example, a family of three might be able to have two bedrooms and one bath while a family of six might prefer four bedrooms and two and a half baths. Also, consider whether your family might grow in the future. This may include having more children or inviting elderly parents to live with you. If so, consider whether the house can be renovated for expansion in the years to come. For example, a basement can be converted into a living area or an attic can be made into an extra bedroom and bath.
What Local Spots Matter To Your Family?
Being withing close proximity to certain local spots can make life more convenient. A family with school-age children might prefer to live close to the local schools. Older people might want to live near medical offices and shopping. Some people prefer to live within a certain distance from their workplace. There are also home buyers that want to reside within close proximity to beaches, parks, and other recreational activities. Keep these factors in mind when you choose the neighborhood where you decide to live.
What is Your Budget?
Most financial professionals advise spending no more than one-third of your income on housing expenses. This refers to your actual income today rather than your projected income in the future. Consider the cost of buying the house, the interest rate on your mortgage, and how much the annual taxes will be. Other expenses associated with owning a home include homeowners insurance and ongoing maintenance. Remember the taxes and insurance may increase every years, which can offset what you might get as a salary raise.
Before you shop around for a house, make a checklist of what you want. Share it with a local real estate agent who can help you find the ideal house for your family’s needs. A real estate agent has access to a wide variety of home and can show them to you in-person. Make sure to jot down notes about each home so you remember which ones you liked the best and why.