How to Know When a House is Right For You

In the quest to find a new home that you love, there are two fundamental things you must know: how much you can realistically afford to spend and what you need to be happy.

Qualifying for a mortgage is one of the first hurdles on the road to home ownership, but loan approval doesn’t necessarily mean you can comfortably afford a house you have your eye on.

There are other expenses to factor into the equation, such as closing costs, the down payment, school and property taxes, possible HOA fees, and maintenance costs.

If a house you’re considering needs a lot of repairs, updating, and decorating, for instance, those projects could take a big bite out of your bank account and household budget. First-time home buyers and growing families moving into larger homes often have to consider the cost of furniture, new window treatments, and painting supplies. People moving from an apartment or condo to a house may also need to buy a lawnmower, tools, and property maintenance machinery (weed whackers, leaf blowers, snow blowers, etc.)

Once you’ve determined that you can absorb all those costs without being “house poor,” the next step is creating a list of requirements, preferences, and lifestyle goals. For example, if privacy is important to you, you’ll need to narrow your search to homes that have a sufficient amount of frontage and space between neighbors and streets. Fences, privacy hedges, and mature trees could also help provide you with the kind of living environment you’re looking for.

While the emotional appeal of a house is an important aspect of home-buying decisions, the location of a property and the amount of living space it provides will play a central role in your level of satisfaction. In addition to having enough bedrooms, bathrooms, and storage space, you may also want to consider things like the home’s architectural style and whether the floorplan is to your liking.

Many families prioritize the quality of the school district, the look and feel of the neighborhood, and the distance from shopping centers, recreation, and needed services. Also highly desirable is a daily commute to work that isn’t too grueling or time consuming!

Since everyone has different goals and needs when it comes to finding the ideal home, there’s no one-size-fits-all strategy for zeroing in on the house of your dreams. Although there are a lot of websites that provide great ideas on everything from flooring and countertops to cabinetry and room color, having your real estate agent show you houses that match your specifications is the most productive thing you can do.

Getting out there and physically viewing and walking through houses in your price range will eventually lead you to the home that’s just right for you and your family. It’s a process in which you need to immerse yourself, but with a little persistence and a clear idea of what you want, you’re sure to find the home that checks off most (if not all) of the boxes on your priority and wish lists!

315 College Farm Rd Waltham, MA 02451 now has a new price of $6,850,000!








315 College Farm Rd,



Waltham, MA 02451

Commercial

$6,850,000
Price

1
Buildings

5+ Residential
Type of Comm.

21,824.00
Lot Size

New Construction 3 Level 12 Unit Residential Building conveniently located in sought after North Waltham in Lincoln Heights with easy access to downtown, Bentley University, restaurants, shopping & Rt 95/128. This handicap accessible Elevator building has been constructed to the highest quality. Each level has 4 apartments with one of the first floor apartment being a 1 bedroom which is handicap accessible. All the other units are 4 room 2 bedroom 2 baths. All units have in-unit laundry hook-ups & each have individual water meters with on demand gas water heaters. Hardwood floors, Custom Cabinets with Quartz counters. Tiled bathrooms. 25 off street parking spaces. One of those spaces is handicap parking. Perfect opportunity for long-term investor. Call for a private showing. Please do not walk the lot without contacting the listing agent.

Open House

No scheduled Open Houses

315 College Farm Rd Waltham, MA 02451 now has a new price of $6,850,000!








315 College Farm Rd,



Waltham, MA 02451

Multi-Family

$6,850,000
Price

12
Units

12,425
Approx. GLA

New Construction 3 Level 12 Unit Residential Building conveniently located in sought after North Waltham in Lincoln Heights with easy access to downtown, Bentley University, restaurants, shopping & Rt 95/128. This handicap accessible Elevator building has been constructed to the highest quality. Each level has 4 apartments with one of the first floor apartment being a 1 bedroom which is handicap accessible. All the other units are 4 room 2 bedroom 2 baths. All units have in-unit laundry hook-ups & each have individual water meters with on demand gas water heaters. Hardwood floors, Custom Cabinets with Quartz counters. Tiled bathrooms. 25 off street parking spaces. One of those spaces is handicap parking. Perfect opportunity for long-term investor. Call for a private showing. Please do not walk the lot without contacting the listing agent.

Open House

No scheduled Open Houses

Are You Ready to Become a Smart Homebuyer?

Purchasing a home may prove to be an arduous process, particularly for those who fail to plan ahead for the property buying journey. Thankfully, there are many quick, easy ways to streamline the homebuying cycle.

Now, let’s take a look at three tips to help you become a smart homebuyer.

1. Study the Real Estate Market

A smart homebuyer realizes the housing market fluctuates constantly. In fact, a real estate market that favors sellers today may favor buyers tomorrow, or vice-versa. But if a homebuyer reviews the housing sector closely, he or she can differentiate a buyer’s market from a seller’s market and plan accordingly.

Oftentimes, it helps to analyze the prices of recently sold houses in your preferred cities and towns. This will enable you to see whether houses are selling at or near their initial asking prices. It also will allow you to find out how long homes are available before they sell.

2. Obtain Home Financing

A smart homebuyer understands the importance of getting a mortgage before he or she pursues a residence. Thus, this buyer will meet with lenders and get pre-approved for home financing to further accelerate the homebuying journey.

Generally, it won’t take long to get pre-approved for a mortgage. Banks and credit unions employ friendly, knowledgeable mortgage specialists who can help homebuyers quickly analyze various home financing options. These specialists can teach you about a broad array of mortgage options and help you weigh the pros and cons of different mortgages. Then, once you evaluate all of your mortgage options, you can select a mortgage and kick off the homebuying journey with a budget in hand.

3. Hire a Real Estate Agent

A smart homebuyer knows that working alone to find and purchase a house can be difficult. Therefore, this buyer will allocate time and resources to hire a real estate agent who can provide comprehensive assistance throughout the homebuying journey.

Typically, a real estate agent is a must-have for a homebuyer, regardless of the current housing market’s conditions. A real estate agent understands the ins and outs of the housing sector and is happy to share his or her expertise with any homebuyer, at any time.

When it comes to navigating the homebuying journey, a real estate agent is ready to help you in any way possible. For instance, if you need help finding a residence in a particular city or town, a real estate agent will make it simple to narrow your house search. On the other hand, if you want to buy a new house as quickly as possible, a real estate agent will ensure you can discover your dream residence on your timeline. Best of all, a real estate agent will respond to any of your homebuying concerns and questions and help you make informed decisions at each stage of the homebuying cycle.

Enter the housing market as a smart homebuyer – use the aforementioned tips, and you can increase the likelihood of enjoying a successful homebuying journey.