Buying a house for the first time always comes with a mix of excitement and anxiety. Don't worry, it's normal. There's nothing like the feeling of picking out your very own home for the first time, but like any homebuyer you also want to make sure that you're getting solid value for your financial investment. Preparation is the key to finding a home you'll love long-term: you don't have to be an expert to prepare like one. Our REALTORS® at RE/MAX DFW Associates agree that differentiating between what you want and what you need is one of the most important steps you can take when buying a house for the first time.
Do I Want It or Do I Need It?
When defining wants versus needs, it's important to consider the neighborhood in addition to the home itself. You can find homes in Dallas in all shapes and sizes, but the neighborhood you choose helps determine which entertainment options, amenities and services are nearby. Deciding where your priorities lie will allow you to compromise on less important points in order to focus on getting what you really need.
- Home Size – How much room do you really need, and how much do you expect to need in the future? Buying a home with room to grow may be ideal if you plan on starting a family in the future, while choosing a home with less square footage can help you save money in the present. Always keep one eye on the future when buying a house.
- Location – The DFW area is a great example of the importance of location, because every community here has a unique feel. Homes in Flower Mound are known for their family-friendly suburban setting, while homes in Plano are located in one of the region's most affluent cities. The right location depends on your present needs and future wants.
- Employment – Even if you're not moving specifically for a job, it's important to consider your employment needs along with your potential commute. Our region has a ton of great suburbs in addition to the big cities, so homes in Frisco or homes in Coppell offer excellent employment markets and an easy commute to other booming communities.
- Perks and Amenities – Maybe you really want an ultra-modern kitchen, a formal dining room or bathrooms that look like they were plucked from a Victorian villa. While special perks may not fall into the “need” category, choosing the amenities you want the most will allow you to sacrifice and save in other areas. Homes in Las Colinas are a great option for upscale amenities and inspired design.
- School District – This is one that every parent shopping for a home for the first time is likely considering, so it's no surprise that choosing the right school district is a priority. If you need to be in a great school district, DFW is a perfect place to shop. Homes in Carollton put you in one of the state's best school districts, but you really can't go wrong with any of the big DFW communities.
Deciding between what you want and what you need is a personal decision, but that doesn't mean you have to do it alone. The help of an experienced real estate agent will make life much easier as you work to find a home that matches your needs. Contact RE/MAX DFW Associates to buy and sell homes throughout the Dallas-Fort Worth Metroplex.