Home is where the heart is — but what happens when your home no longer fits your needs? Perhaps you’ve started a family and need more space, or you’re finally ready to upgrade from your starter home. Whatever the reason, it may be time to start looking for a new one if you’re outgrowing your current home. But with so many factors to consider, where do you even begin? Here are a few things to remember when searching for a new home.
Location
It’s important to consider your location when buying a new home. If you’re unhappy with your current neighborhood, moving to a new one can be a great way to start fresh. It is important to keep up with pricing trends in the neighborhoods you are exploring. Home values in Denver have seen continuous growth over the past few years, indicating that home ownership in this region could be a wise investment.
But there’s more to think about than just finding a place with better schools or lower crime rates. You should also consider things like commute times, schools, proximity to friends and family, and access to amenities like parks and shopping centers. Do you want to stay in the same neighborhood, or are you open to moving elsewhere? Ultimately, the decision of where to live is personal, but it’s worth taking the time to explore your options before moving.
Size
If you’re in the market for a new home, it’s essential to take your time and find a property that truly meets your needs. After all, this is likely to be the biggest purchase you’ll ever make, and it’s important to get it right. One of the first things to consider is how much space you need. If you’ve outgrown your current home, you’ll obviously need something bigger. Even if you’re just looking for a change of scenery, make sure the new place has enough room for all your belongings. But also think about how you’ll use the extra space. Make a list of must-haves like bedrooms, bathrooms, living areas, and storage. Do you need an extra bedroom for guests? A home office? A playroom for the kids? Once you have a good idea of your must-haves, you can start searching for properties that fit the bill.
Style
Before you search for a new home, take inventory of what you need and want. What type of home do you envision yourself living in? A cozy cottage, a stately colonial, or something in between? Narrowing down your style will make it easier to find homes that fit your vision. If you have a growing family, you may need more bedrooms and bathrooms. If you entertain frequently, you may want a larger kitchen or a more open floor plan.
Once you have a good idea of your must-haves, you can start looking at homes that meet your needs. However, remember to keep an open mind. A home that appears to be perfect on paper may not feel right when you walk through it. So trust your gut and go with your instincts. You’ll know when you’ve found the right place.
If you love the style of your home but have outgrown its size, there are still options available to you. You can add on to your existing home or build an addition. This is a great way to get the extra space you need without having to give up the home you love. However, work with a reputable contractor who has experience with additions. Otherwise, you risk damaging your home or ending up with subpar workmanship.
Budget
Perhaps the most important consideration is how much you can afford to spend on your new home. In Denver, 70% of homes were sold above the asking price in 2022. Therefore, it is essential to work with a real estate agent to secure the best deal and help you get an idea of what price range makes sense for the type of home you’re looking for.
One of the first things you’ll want to consider is your budget. It’s easy to get carried away when looking at beautiful homes, but remember that you can’t put a price on happiness. Once you’ve determined what you can afford, stick to your budget and work with a seasoned real estate agent to help you find the best deal on your dream home. With so many houses on the market, there’s bound to be one that fits both your needs and your budget.
Lifestyle
Finally, think about your lifestyle when choosing a new home. If you love entertaining, look for a place with an open floor plan that encourages socializing. If you prefer a more relaxed atmosphere, look for a cozy bungalow in a quiet neighborhood. You know yourself best, so choose a home that will make you happy and allow you to live your best life.
There are many factors to consider when it comes to finding a new home. But the process will be much easier if you take the time to figure out what you need and want right away. And once you find the right place, you’ll be able to enjoy all the benefits that come with owning your own home.
If you are considering moving to Denver, or are interested in exploring Denver real estate, contact Jason Sirois. His team will help you find your dream home, with access to exclusive homes in Denver as well as insider information about the Denver real estate market.
