Buying a new home, especially if you’re a first home buyer, can be quite a daunting task. The process of getting a mortgage can be confusing and financial concerns during this time are always legitimate things to consider.
However, there are plenty of things that home buyers irrationally let stop them from picking an otherwise perfect house. Let’s take a look at the stuff that really doesn’t matter when buying a new house.
Your furniture doesn’t fit
It’s quite shocking how many home buyers let the measurements of the existing furniture limit them in what houses they consider purchasing. They run around with tape measures and say “nope, the couch won’t fit right in this room”.
This is sort of ridiculous because you can easily sell your old furniture and re-invest in something new for the space. If you’re buying a new home then it shouldn’t be too out of budget to buy new furniture that fits the space.
Unless the coffee table you have is an ancient family heirloom, it probably isn’t worth letting it dictate which houses are suitable.
You don’t like the paintjob
This is understandable on the face of it, but repainting walls can be cheaper than going with another house that has exactly what you want. Just because the colour of the living room wall is ugly now doesn’t mean you can correct it with a little DIY work.
Instead of valuing the house based on what it looks like now, consider what it can become with some simple renovations.
Factors like living near an airport or busy intersection are unchangeable but a simple paint job can be easily corrected.
The décor is outdated
One man’s outdated is another’s vintage, so don’t dismiss a house just because it design is circa 1974. Just like with other features of the house, this can be updated to look more modern so that’s appealing to your without breaking the bank.
You don’t have any children
If you don’t have any children or don’t plan to have any then you might ignore home buying factors like the proximity of schools. This is a mistake as the resell value of the home will be increased by having a school nearby, giving you more value for your money.
A good house in a great location is better than a perfect house in a bad location. Buyers like proximity to good schools and safe neighbourhoods more than a refurbished kitchen.