Everyone will agree that housing needs change during different stages of life. It is rare for someone to move into a home and stay in that same location for the remainder of their life. When you are buying a property, it is important to consider your current needs and how your requirements might be different in the future.
When you are in your 30’s, you are most likely focused on your career and your children. This time in your life is very different from the days of bachelorhood in your 20’s, or the type of home empty-nesters will want later in life. Home buyers in their 30’s are usually focused on lifestyle and family culture.
Here are a few tips to help you find the right property during this time in your life:
Upgrading to a Larger Home
If you are planning to have kids, then you need to make sure that you have a home large enough for the family. Several extra bedrooms will be needed, as well as a playroom and a backyard play area. Some homes or condos don’t have the backyard space when you are living in the city, but you can pick a location that is near a park.
Think about the current size of your family as well as how many kids you would like to have in the future. Then, you can pick a home that gives you the space to grow into it over the next 5 or 10 years.
Budget and Lifestyle
You might be able to afford a bigger home right now, but you also need to consider your life priorities to determine your overall budget. Just because you have qualified for a bigger mortgage, doesn’t mean that you need to spend all of that money. The best solution is to “rightsize” your home by finding a property that is the perfect size for what you need.
Some families choose a slightly smaller home so that there is enough money in the budget for vacations and fun activities with the family. For example, you can save a little on your monthly mortgage payments to ensure that you have money to pay for NFL tickets and a family vacation to the beach each year.
Location, Location, Location
Not only do you need a property that provides a convenient commute to work, but you also need to consider how the location will impact your kids. Research the school districts in the area and look at the amenities that might be helpful as you are raising young children.
It is also important to think about the neighborhood where you will moving. Are there other friends in the area for your kids to play with?
Need Help Finding a Home?
Here at DUFFY Realty, we understand how lifestyle changes at different ages. Our goal is to help you find a property that is perfect for your current situation. Call us for more information about buying a home in Atlanta or the surrounding areas: (678) 318-1700