What To Look For In A Starter Home

Are you looking to move out of your apartment and into your first home? If so, you may feel overwhelmed with what you should be looking for in a starter home. Follow these tips to ensure that you make a good decision for your first home purchase.

Minimal Maintenance

Chances are that you do not want a home that is going to need a lot of work as soon as you move in. This may be due to not being handy and not knowing how to fix things, or because you know you won't stay in the home very long and do not want to put much work into it. That's why it helps to look for a home that has minimal maintenance involved.

Think about the things that typically need maintenance over the years to determine when you'll next need to take action. For example, appliances that are fairly new will not need to be replaced for many years. A recently replaced roof won't need replacement again until after you likely move out of the home in the near future. New windows will provide plenty of energy efficiency and will not need to be replaced any time soon.

Central Air Conditioning

There are some things that you may be willing to sacrifice as part of getting a starter home. One thing you may want to prioritize is a home that has central air conditioning. It is something that is very hard to install after you move into a home and is something that other buyers look for when you eventually go to sell the home.

Size

A starter home doesn't need to be your forever home, so it is okay if the house is on the small size when it comes to square footage. Find a home that works well for you with the proper amount of bedrooms and living area to accommodate your family. You may even want to consider having children share a bedroom to make it work out for you.

Price

It is always a good idea to shop within your budget when looking for a starter home. Don't base your budget off of how much the bank will lend you for a mortgage, but instead, how much works within your budget for a first home. You should prepare to put additional money away for potential emergencies over the years, which will help ensure you have the cash on hand when you need it.

For more information about buying a starter home, contact a real estate agent.


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