If you are in the market to buy a new home, you know how exciting it can be to search for dream homes. Buying your dream house is a once in a lifetime experience, especially if you are a first time home buyer. It can also be overwhelming though because there are so many choices and it’s not always obvious what you should be looking for. Million dollar homes often offer a long list of amenities, but if you have never had any of them before then it can feel like an impossible choice. Two in five home buyers are purchasing a property for the first time, so if you are worried about your experience you shouldn’t be concerned because Realtors know how to help buyers navigate the world of residential real estate.
Most buyers expect to live in their home for at least 12 years after the time of purchase, so there is a lot of pressure to make the right choice. Almost 80% of people buy a detached, single family home, so if you are working with a Realtor then there will likely be many of these types of properties available. If you are still extremely overwhelmed with all the things available to you when buying your dream home, you should take a break from your search and read this article. Here is a list of some of the top demands from homeowners who are buying luxury real estate.
1. Near a good school district
This is important, especially if you have kids. Check with your Realtor to see how to schools are, because if they aren’t good you may have to invest in a private education.
2. Low crime rates
When buying your dream house it’s a good idea to check on crime rates. You don’t want to pay a lot of money to live in a dangerous neighborhood.
3. Lots of cultural activities
If you like to go out and see shows or if you enjoy checking out the local music scene, spend a weekend in a town before you move there to make sure there’s a lot to do.
4. Thriving economy
It’s important that the economy is doing well because if it’s not, this can encourage crime and can result in an overall decline of the area.
5. Good shopping centers
Whether you like to shop or not, it’s important to have somewhere nearby that carries the things you need.
6. High quality medical care
Everyone needs medical care sometimes, and it’s nice to know you live somewhere that attracts the top doctors and specialists. If you need to see a doctor regularly, it’s a good idea to get set up with someone before your move.
7. Close to relatives
This is nice because then you can cut down on travel time for holidays, but perhaps the biggest benefit is just being able to see your family more often and not having to wait for special times off work.
Do you have any experience buying your dream house and do you have any advice to give someone who is buying a property for the first time? If so, we would love to hear from you! Please join the conversation by sharing your thoughts with us by leaving a comment below.