When it comes to searching for your Dallas area home, knowing your five must haves will be important in your home search. Why? It helps you narrow down what is most important to you.
I view it based on these things: Your price range, what city has more homes in your price range, and what type of homes are available. That’s the due diligence of the buyer when it comes to research. Your top 5 must haves help you stay clear on what it is important to you. There is no such thing as a perfect home. The top five helps narrow down on what you are looking for. The top 3 are deal breakers and the bottom two are nice to haves. If a home has 3 of the 5, we are in winning mode, 4 of the 5 and we are moving near the finish line, 5 of the 5 and we hit the jackpot.
Do most buyers hit the jackpot? Not all the time unless the have the money to build their home. Even if the buyer builds, it would depend on what floorplan is available and what’s within their budget. Your must haves are still a factor there as well.
How do you narrow your 5 must haves? One important factor is to eliminate cosmetic things from must haves. What’s cosmetic? Cosmetic things are the need for having hardwood floors, stainless steel appliances, light colored walls, and the list goes on. These are things that can be done over a weekend in a few hours. You can change out appliances, you can replace flooring, you can paint walls.
Here’s what my top 5 would consist of:
1.1500 square foot or more
2.Split Floorplan (Master bedroom separated from the other bedrooms)
3. Foyer Entrance/Hallway Entrance
4. Countertop and cabinet space in kitchen
5. Spacious backyard space to fit a minimum of 5 people outside at the same time. In other words, a yard big enough for a playset for my future children.
It is important to focus on your resale. The average homeowner stays in a home for 5-7 years before selling. Your home is an investment. It needs to function for you and your family and be able to become a sellable product when it’s time for you to move on with your life.
So tell me, what are your 5 must haves?