Buying a forever home is much different from buying a starter home. With a starter home, you can always correct your mistake in the subsequent purchase of the forever home when upgrading. Use the following tips to avoid making a mistake with a forever home.
Keep Your Future Family in Mind
Don't forget that your family may grow in the future when buying a forever home. This is particularly true if you have just started a family. The addition of children will definitely require more space than you are used to now. Even if you don't have immediate plans for children, you should buy your forever home with children in mind unless you are certain you don't want children forever.
It Should Be Relatively New
A forever home should last you several decades without requiring a major renovation project. This means your forever home should be relatively new. Buying an old home, say a historic home, as a forever home is a risky gamble because you may only own it for a couple of decades or so before it requires a major overhaul.
Many people find that they don't have to be very particular with their starter homes because, after all, they can always upgrade to another home. When it comes to a home you plan to live in for the rest of your life; however, you have to be careful. In fact, you should feel perfectly happy to pass over homes that don't match your expectations and take your time to land the right home even if it takes a long time. You don't want to be tied down to a home with a small yard forever if your dream has always been to live in a home with a sizable yard.
Get a Home With Room to Grow
Even if you land a forever home that seems perfect for you now, there is a small chance that things might not stay that way forever. Maybe you have no need for an outdoor storage shed now, but you may need one in the future when you pick up a hobby that requires sizable storage or when your family grows, and the available storage becomes inadequate.
Or maybe you don't see any need for a swimming pool now, but your future kids will be lovers of swimming. Buying a home with room to grow is a good way to cater to such future possibilities since you can always remodel your home to fit your changing lifestyle needs.
For more information, contact your local home listings agent.