How Much Home Do You Really Need?

In mid-Michigan’s fast-moving housing market, you may find yourself compromising what you want for what’s available to buy.  Some wish list items you’ll be able to find, but others you may decide to do without as you concentrate on choosing a home that best functions for your needs and budget.

Size:  Most homebuyers want more space, 6901640.largebut square footage can be misleading.  A bigger house isn’t better if you’re paying big bucks to heat, cool and maintain space you don’t use.

Layout:  As you preview homes, think about your daily activities and whether the layout functions for your needs. Does the interior design allow you to make adjustments as your needs change?  For example, a little-used formal dining room or living room could become a home office or playroom.

Materials:  As suggested by the children’s story The Three Little Pigs, houses made
of brick or stone are the safest, longest-lasting materials, but houses made of siding can be more affordable. The quality of materials and the workmanship are what matter most.

Comfort:  You want your family to be comfortable and enjoy the spaces the home offers.  Think about places for family and friends to gather.  Privacy is important, but there should be shared spaces to do homework, play games, and converse.

Costs:  When estimating your monthly payment, include taxes and hazard insurance, but don’t forget to budget for decorating, maintenance and repairs, such as installing curtains and repainting.