There is a lot to consider when you’re looking into buying a new home. Real estate offices will play up the luxuries; things like acreage, a view, a fireplace and existing furnishings all frequently come up in the average real estate sales pitch. While it’s important to consider what kind of luxuries you’d like, try not to let the dazzle of fancy home distract you from the more practical considerations. Location is a big one; even the most luxurious mansion wouldn’t be much fun to live in if it was situated in the middle of nowhere. On the other hand, many people feel crowded living next to the side of the road in a city. What feels comfortable for you?
Consider the needs of you and your family. Is it close to a grocery store that sells the kinds of food that you are used to eating? If you eat health food, is it near a health food store? If you take medication, is it close enough to a pharmacy – and if it is, is it one of the pharmacies that accepts those free discount prescription cards that can cut your monthly medication bills in half? How about exercise; is it near a gym, swimming pool, spa, or other easily-accessible facility where you can stay in shape? Are there recreational activities within easy walking or driving distance? Restaurants, bars, bowling alleys, cafes, coffee houses, parks and movie theaters are only some of the recreational establishments that you should check for around your potential new home.
Lastly, look at your actual needs. Yes, the idea of a fireplace or a third-story view of the ocean sounds charming, but in the long run, in the months of living there, how much will you actually use them? Do you need them? Cutting out excess “luxuries” can seriously reduce your monthly bills.
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