What If Your Ideal Home Isn’t Available?
Imagine you’re looking for a new home. You have a
list of all the features you want, just like you would
have a grocery shopping list. However, when you
explore the homes currently on the market, none
meets all your criteria.
What do you do? You have a few good options.
First, you can take a second look at your list. Does
your new home need every single feature on it? Are
there one or two features you can do without? For
example, can you settle for a smaller kitchen
assuming the property has everything else you want?
Often, buying a home that’s close to perfect is
perfect enough.
Second, consider what features you might be able to
add to a home later, by way of a renovation or other
improvement. If a property doesn’t have a finished
basement, for example, you might be able to get that
done down the road. Indeed, there are probably
many features you can add later to an otherwise
desirable property.
Finally, consider the current level of activity in the
local real estate market. Is it likely that a lot of new
homes will be coming on the market soon? If so, your
perfect home may come up on the market within the
next few weeks.
Maybe even tomorrow!
In that situation, make sure you arrange to get
immediate alerts for newly listed homes that meet
your criteria. You’ll want to jump on each new
opportunity before other buyers learn of the listing.
The good news is, in most cases you should be able
to find and buy a great home, with most — if not all
— of the features you want.
