When considering a potential home, it is important to make a list of your must-haves and nice-to-haves.

  • Must-haves should include things like:

    • Number of bedrooms and bathrooms

    • Size of the lot

    • Specific location or neighborhood requirements

  • Nice-to-haves might include things like:

    • Large backyard

    • Modern kitchen

    • Finished basement

It is also important to consider your long-term needs:

  • Are you planning on starting a family in the near future?

  • Are you planning on working from home for the foreseeable future?

Another important factor to consider is your budget. It's important to have a clear understanding of what you can afford and to stick to your budget.

In addition to considering your wants and needs, it's also important to have a realistic understanding of the home buying process, including:

  • Different types of mortgages available

  • Closing costs

  • Any other associated expenses.

Ultimately, the key to successfully prioritizing your wants and needs as a home buyer is to remain realistic and focused on what's important to you. By taking the time to carefully consider your priorities and budget, you'll be able to make a well-informed decision about the home that's right for you.