Buying a Home to Grow Into: 5 Things to Consider

Buying

When it comes to finding and buying a new home, many couples look for a home that will “grow” with them. Decisions like starting a family, bringing aging parents into the home, or simply beginning an addition or renovation can have a major impact on your life, and choosing a home that accommodates these things easily will help streamline all the transitions that lie ahead.

Although buying a home that you can grow into is wise, there are several things to keep in mind as you make your way through the process.

Read on to learn more.

Your Guide to Buying a Home to Grow into: 5 Tips

As you set out to find the perfect home for your present and future, consider the following five things:

1. What your life will look like in five years

Having a five-year plan is essential for finding a home with growth potential. Will you start a family within that time? Will your children move out and go to college? Are one or both sets of aging parents come to live with you? Will you start a work-from-home business that requires office space?

By considering these things now, you can ensure the home you purchase has the features you need, like additional bedrooms, to suit your life for the long-term.

2. What goals you have for your home

If you’d like to build an addition, re-sell your home, or overhaul the landscaping, think about these things during the purchasing process. Some landscapes, structures, and areas lend themselves more easily to these things than others, and it’s critical to give them as much thought as possible early on.

3. How easy the home will be to maintain

If you’re hoping that the home you purchase today will be your forever home, it’s essential to consider how easy it will be to maintain in the future. Things like stairs and elaborate landscapes can be difficult for older people, so it may be wise to find a home that lacks these things, or within which these things can be easily altered.

4. How the neighborhood around the home will grow

If you want to live in a quiet, friendly neighborhood for the coming years, take a moment to look around at how the neighborhood is likely to evolve or develop in the coming years. This will give you a good idea of what your life will look like over the next decade or so, and will help you make a smart purchasing decision.

5. Proximity to activities you love

When you’re young, you may not mind a 40-minute drive to the river or lake. As you get older, though, this may not be as appealing. With this in mind, ensure that the house you purchase today is close enough to the activities you enjoy to keep you occupied for years to come.

Finding a Home with Growth Potential, Made Simple

Finding a home to grow into is difficult at any stage of life. These five tips can help streamline the process and ensure that the home you purchase today is one you’ll love for years to come.