Looking for a new place? Use this time to create your wishlist
Buying a home can be an overwhelming experience.
If you’ve decided to buy a home, you should first take some time to think about what you want and need out of your future home. Do you want something built and ready to move into straight away, or would you like to purchase land and build the home of your dreams? Are you planning to have a family in the future? If so, you might want a large living area or a dedicated space for kids.
From small details to big design features, creating a wishlist will help you gain a clear idea of what your dream home may look like.
House and land packages
At the top of your wishlist should be whether you are looking to buy an already built home, or if you want to build a new house from the ground up. Both options have benefits, but it depends on which suits your needs better.
Whether you’re looking to move into a house straight away or build something new, house and land packages in South East Melbourne are becoming increasingly popular. They can suit either preference, with two types of house and land packages. One involves buying a ready-built home that you can move into immediately. The other option is to buy the land to build a new home with a construction loan.
Building your own home gives you the freedom to design a space that’s perfect for you and your family. But building a house takes time, so you need to decide if waiting for a home to be built is something you’re willing to do.
Consider your non-negotiables for buying or building a home. You need to decide what you can’t do without, to ensure you buy the right home.
Your list of must-haves could include anything from a spacious backyard and garage, to a minimum number of bedrooms and bathrooms. Just make sure to prioritise the things most important to you.
Look around your current home and think about what you like and what you don’t to help determine your wishlist. You should also think about features in a home you may not need now, but might in the future, such as additional space for a growing family.
If you’re working with a real estate agent, be clear about your must-have list to ensure you’re not wasting time looking at unsuitable properties. It can be overwhelming once you start looking at multiple houses. Having a wishlist will keep you focused on what you want.
If you decide to build on a house and land package in south-east Melbourne, you can discuss your list of essentials with your builder to ensure your future home has everything you want.
As well as the essentials, your wishlist should also include a list of nice-to-haves. These are things you can live without but would be great to have. These might include features such as a walk-in wardrobe, a bigger kitchen island or timber floorboards.
You should have realistic goals and accept that things on this list are not essential. If you find a home that has all your must-haves, don’t let yourself get distracted by it not having some of your nice-to-haves.
With your list of nice-to-haves, it can be worth looking at properties that allow for future renovations. That way you have the option for adding these features to your home later on.
If you decide to build a house, you have an opportunity to include all your nice-to-haves as well as your must-haves, but you should prioritise them just in case they are not all possible. Work with your builder to determine what will be possible within your new home and what you might have to live without. By prioritising, you may discover some things are not important to you after all.
Location is another consideration when buying a home. Most homebuyers buy intending to live in their new home for a long time, so choosing an area where you will be happy living is important.
Your ideal location can depend on the type of lifestyle you’re after. You may want to choose a suburb that has great schools or an easy commute to work. Before buying a home, explore different suburbs to find areas you like. It’s a good idea to create a wishlist of a few different suburbs you would like to live in. If you limit it to just one, it may take longer to find the right property.
Think about how close various amenities are, such as shops, cafes, hospitals, schools, parks and public transport, as these can impact the type of lifestyle the area will provide you. For some homebuyers, proximity to amenities can be essential, while to others, it’s merely a nice-to-have. House and land packages in south-east Melbourne are growing in popularity due to the easy lifestyle and convenience the area provides.
Whether you are looking at house and land packages in south-east Melbourne or anywhere else, creating a wishlist is a good way to narrow down the essentials you need. It will make it easier to communicate what you want and help make the process of finding or designing the perfect home much easier.