Needs vs. Wants - The Yvette Clermont Team

House Hunting Checklist

Needs vs. Wants

Most of us cherish the notion of a dream home. In our mind's eye it may have big windows, fireplaces and airy open spaces. But in reality, an ideal home is one that allows us to comfortably express our lifestyle. That's why it's so important to make a list of your needs before you go house hunting.

Family needs Do you have a family or are you planning to start one? Both will affect the number of bedrooms you need. You may need a backyard for small children or dogs. If you have teenagers, maybe you could benefit from a basement rec room and an extra bathroom. If you have more than one car, you may need plenty of parking and/or a garage.

Location Do you need to be close to certain schools for your children or near transit to get to your workplace? A downtown loft-condominium or trendy downtown Victorian might be the answer if you are a single professional who wants to be close to your work and to nightlife -- just be sure to check that it's in a neighborhood where you feel secure.

Work space If you work from home, you may want an extra bedroom for a home office and wiring for the Internet and a second phone line. If you have hobbies, such as gardening or woodworking, you may require a utility room or a work area in the basement.

Timeline Research shows that people tend to be in starter homes for an average of five years. Look down that five-year timeline. Will you be starting a family or having another child? Be sure to take such plans into consideration.

Maintenance You'll want to consider ease of maintenance. That huge lot may be gorgeous, but do you want all the mowing and weeding that goes with it? A beautiful, old home may require substantial upgrades and more costly repairs than a newly built home. Can you afford the extra expense?

Budget Be realistic when making a list of your wants. Many people put fireplaces, a master suite with a large bath and open-plan main floor spaces on their list of wants. Wood floors, bay windows and renovated kitchens are also popular. If you can get a house that meets both your needs and wants, and fits your budget, that's great. If not, be willing to compromise on the non-essentials.

What's Important Look behind those cozy shutters. Are the window frames solid? You may love a home's color scheme, but make sure the masonry and roof are in good repair. They are much more expensive to replace than the cost of repainting. Similarly, brass lighting may be appealing, but if the house doesn't include that, it's easy to install new fixtures. However, new wiring and a breaker box will mean fewer worries. Is the kitchen you're viewing somewhat dated but has the space you need and pleasant natural light? You can always paint the walls and cabinets for a quick lift and schedule a renovation down the road. It's easy to fall under the spell of a charming house. Just remember to go over your list of needs. After all, you're looking for more than just a pretty face.

Examples of needs Enough square footage for comfortable living Enough bedrooms to accommodate your family Space for a home office Adequate number of bathrooms Eat-in kitchen Garage or basement for storage needs Lot size to accommodate children's play area Adaptation for disabled Proximity to a specific school Close to transportation, office, shops Adequate plumbing, wiring, insulation Good windows

Examples of wants Specific color of carpeting, paint or exterior Pool or hot tub Wood floors Bay Windows Built-in entertainment center Decorative fixtures Skylights An attractive view Newly renovated kitchen Fireplace Open floor plan Big master bedroom with adjoining bath

My Wants

My Needs

My Nice to Haves

Also, when looking at houses, think about what rooms are most important to you. Do you spend most of your time in the kitchen? Then that is a room that should meet most of your wants and needs. For example, if you don't like the office space, but won't be using the room often, then is it acceptable?

Rooms Most Important To You

Provided to you by: Team Clermont

Address

House 1

Nickname for house

Price

$

Monthly Utility Costs

$

Homeowner's Dues

Bedrooms

Baths

Lot Size

Square Feet

Main Floor*

Basement

Upstairs

Total

Garage, # of Stalls

Are the following areas OK?

Kitchen

Carpets

Vinyl

Storage

Landscaping

Interior Paint

Exterior Paint

Natural Light

Appliances Included

Does this house meet?

My Wants

My Needs

My Nice To Haves

House 2

$ $

What I Like Most What I Like Least

In the Running?

* in most cases the main floor square feet should carry the most weight

House 3

$ $

House 4

$ $

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