Finding a home that’s right for you
When you’re starting the process of finding a home, there’s often a lot of pressure to land on the “right one.” But what’s right for one person doesn’t mean it’s right for everyone—it all depends on your specific circumstances and needs. For example, many Baby Boomer 55+ home shoppers are now looking to downsize in warmer climate areas, as their adult children no longer live with them, but are interested in upgraded amenities and more efficient floor plans to accommodate their long-term goals. Gen-Xers, on the other hand, are looking for larger, single-family homes where they can raise their growing families, prioritizing suburbs that are more affordable but still within safe neighborhoods and good school districts. And Millennials, today’s largest homebuying segment, are looking to live near major metro areas so they can be closer to jobs and things to do—and, while they value new appliances and open spaces, they are less concerned with the longevity of a home because they expect to upgrade in the coming years.
Ultimately, the homebuying process can look different as it pertains to different lifestyle goals, and it’s important to sort out your personal wants vs. needs before you can find a home that supports them. Get our house hunting checklist and other homebuying resources below to support you on your journey.
Want vs. need: Your ultimate checklist for finding a home
Before you start searching for your new home, you need to first figure out your priorities. Here are some things to consider when determining your new home wants vs. needs:
How much house do you actually need to accommodate your lifestyle? Your “dream home” isn’t necessarily a mansion with a pool—it’s the place that can support you comfortably today and in the foreseeable future, as well as imagine a lifetime of possibilities to personalize your dream home the way you please.
When separating the nice-to-haves from the must-haves, think about those items that will add value to the house, and those that will not. According to a Money Under 30 article, home features like the countertops or flooring can be value-adds, while more personalized features like a unique accent wall color might not be. Keep in mind that your “wants” can also be added or changed on your own in the future, and don’t necessarily need to be part of your selection upfront.
When you buy a new home, not only are you buying the house itself, but in the area that it’s in. And while there is no one formula for determining the perfect location for you, you can narrow it down by considering things like: proximity to jobs, restaurants, and entertainment, the quality of school districts, local crime rate, etc. Read our guide on choosing the right neighborhood to help you determine your location wants vs. needs.
Once you finally find the home that meets your criteria, how do you know when it’s time to pull the trigger? Our Home Selection Checklist can help you determine if the home you’ve found is right for you.
Help through the homebuying process
At Shea Homes, we know what a big decision it is to buy a new home, and we’re here to help you through every step of the process. Get off on the right foot by first checking out some of our other homebuying materials and guides, curated just for you:
Lastly, check out our Resource Guide, designed to provide you with all the tools and info you need throughout the homebuying journey. Here’s a quick overview of some of the resources you’ll find:
From dreaming about your new home to unpacking your moving boxes, we’ll help simplify the whole experience as a first-time homebuyer.
Financing a new home can be daunting. We’re here to make the process as seamless as possible, whether it’s finding a loan or enhancing your credit.
Easily navigate the homebuying process with our glossary of all the words and phrases you might encounter along the way.
At Shea Homes®, we treat our customers like family, and want to help you in any way we can to make your journey to homeownership a memorable experience. Reach out on social if you have any further questions on the homebuying process, or if you’re ready to find your dream home, explore our new homes today.