(Closed) First time home buyer. Am I being too picky?

posted 5 years ago in Home
Post # 16
Member
3316 posts
Sugar bee

I thi nk you need to actually look at more places in person. 

10 in a year is less then one a month.  Unless you live somewhere that has a VERY, VERY competitive market, you should be looking at homes more then once every5- 6 weeks.

Pictures can be very deceiving. Things that look good in pictures often don’t match expectation in person, but the opposite is true.  Some places that we thought “no way” when we saw the pictures were actually pretty great in person.

Have you heard of the HGTV effect?  It seems like you could possibly have it.  Esentially, watching all these programs on tv gives buyers unrealistic expectations of what the market has to offer and what it should cost.  It often leads to people refusing properties becuase the appliances aren’t as updated as they’ve seen.

Ultimately there are 3 things; 1) location 2) the actual property 3) the price.  Usually one of those 3 things need to give.  If you can’t find what you want, then you either have to raise the budget, or change the location.  If you can get 2/3, you’re doing pretty well.

 

Post # 17
Member
5187 posts
Bee Keeper
  • Wedding: February 2013

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PaisleyMedic:  Seems like you are looking for a large home considering you don’t have any children yet. How many do you plan on?

Post # 18
Member
9773 posts
Buzzing Beekeeper
  • Wedding: August 2012

Oh and I wouldn’t rule houses out just based on the online listing. Unless there’s some glaring thing you hate (i.e. one bathroom), go look at them. There were a LOT of houses I didn’t like online that I liked in person, and vice versa.

Post # 22
Member
15046 posts
Honey Beekeeper
  • Wedding: June 2011

I think something just has to give, either more compromise on your must have list, or a bigger budget if possible.  We pretty much came to the same point as you when we were looking.  We set a budget (450k) and looked at literally every single house in that range in the 4 or 5 towns we would consider.  (Like you, a non negotiable was a top school district so that was quite limiting).  Then we’d just be waiting for more homes to come on the market.  Eventually, we started to look a little higher to see what 500 or 550 could give us and we realized that to get what we wanted we had to be up around there.  Even after we bought our house and I kept looking at listings (to this day, 5 years later), I’ve only seen maybe only 6 houses I’d had considered buying if we had not bought ours yet.  It looks like from those recently sold though, there’s a lot of newer construction homes in your range with lots of land.  Maybe you just need to wait until spring time when a lot more homes come on the market.

Post # 23
Member
225 posts
Helper bee
  • Wedding: April 2016

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PaisleyMedic:  you sound like me! We decided to build instead of compromising.  Is that an option for you?

Post # 25
Member
5187 posts
Bee Keeper
  • Wedding: February 2013

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PaisleyMedic:  Could you sacrifice the garage as well as having a basement and attic? We have 3 vehicles with no garage and it hasn’t been a problem. We also have an attic with nothing in it except a Christmas tree, no basement. I’s OK to want 3-4 bedrooms to accomodate future kids because you won’t need as much additional space if they have their own bedrooms anyway. 

Post # 28
Member
22 posts
Newbee
  • Wedding: November 2015 - The Gables at Chadds Ford

In one sense I don’t think there can be such a thing as too picky. If this is the house you’re going to live in for the rest of your lives together (and I apologize if you mentioned whether or not if that was the case; I may have missed that) then you need it to be something you’re comfortable in and feel at home in. If there is something you HATE that would be either flat-out un-fixable or too much money to fix, then that’s a no-go. But in another sense, there are things on that list that you may find to be not quite as important, or things you hate about a house that may not bother you as much once you live there. When we bought our house a little over a year ago we both wanted a large yard, a two story house, and it was really important for us to have at least 2 full bathrooms. We live in a ranch home with a smaller yard (not tiny, but with our two dogs we definitely couldn’t go any smaller), and while we do have 3 bathrooms, two of them are half (including the master bathroom! It’s so weird to me!) But we love our house because we’ve made it a home together and have a lot of plans to make it our own in the near future (via light renovations, re-decorating, etc.). There were other things that I didn’t even have on a must-have list that ended up being the reasons we bought this house. I don’t know that we’ll spend the rest of our lives here – not a great school district where we are but we’re surrounded by others that are the best in the state – but if we did that would be okay because it’s our home. 🙂 Sorry if that was all too rambly, but I wanted to reassure you that it’s okay to have specific taste, but at the end of it all regardless where you are, it will be your home together and that makes it perfect.

  • This reply was modified 5 years, 5 months ago by  mmbmwc.
Post # 29
Member
8951 posts
Buzzing Beekeeper

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PaisleyMedic:  Oh wow, I totally missed the part about only visiting 10 houses in a year. At that pace, I would have been looking for literally 40 years. We looked at at least 12 houses a month. It was serioiusly like a part-time job — looking through the listings our agent sent, researching ones that looked ok, deciding which ones to visit, then evaluating them all after visiting…

Because you’ve been looking for a year, I recommend visiting a lot more in person. You say a lot don’t come on the market, but 10 in a year! That’s crazy. Can you commit to visiting 10 a month for the next 3 months? So, 5 every other weekend? Just go, walk around, see what you think. Not only might you find a great house that you would have otherwise passed over, but you will also get a much more realistic idea of what is available in your budget and where you might need to think about compromising.

Post # 30
Member
1710 posts
Bumble bee
  • Wedding: October 2013

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PaisleyMedic:  wow, houses of that size in my area would be upwards of $600,000. That’s crazy they’re so cheap where you live!

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