Buying Kamloops Real Estate > Home Buyer's Guide > Pre-Shopping > Home Buying: Needs vs. Wants

 

KAMLOOPS REAL ESTATE

HOME BUYER'S GUIDE: NEEDS VS. WANTS


PoolSimilar to the lists you write down for your trips to the grocery store, why not develop your own list of needs and wants in a new home? Think of it as a priority list of the home features most important to you. Once you have this information in hand, your needs will be clearly defined from your wants. The trick will be to find a happy medium between them: You'll want to look for a home that includes all of your needs, with as many wants as is practical, while remaining in line with your original budget. Having this knowledge will establish a clear direction for your new home shopping.

Here’s a sample list of needs versus wants:

NEEDS

  • Adequate square footage and space for comfortable living
  • Sufficient bedrooms for your family members
  • Sufficient bathrooms for everyone
  • Comfortable eat-in kitchen
  • All-round good natural lighting
  • Garage or basement for storage needs
  • Backyard for children’s play area
  • Easy access to schools
  • Easy access to amenities and services
  • Easy access to work
  • etc.

WANTS

  • Specific carpeting, paint, interior and exterior colours
  • Pool and/or jacuzzi
  • Fireplace
  • Hardwood floors
  • Stainless steel kitchen appliances
  • Bay windows
  • Built-in entertainment center
  • Brass lighting fixtures
  • Skylights
  • A pretty view outside
  • etc.

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