Shopping for a New House? Avoid Overspending

Shopping for a New House? Avoid OverspendingWhen shopping for your first home, or even your dream home, it’s easy to get caught up in the lust of all the potential features that could be. However, understanding how to search for a house makes all the difference when it comes to preventing overspending or spending too much on features that you can do yourself. In this article, we’ll take a detailed look at how you can differentiate between must and lust in your new home buying guide. Wherever you end up, be sure to secure your new home with a comprehensive Knoxville Home Insurance policy.

Prioritize the must-haves.

If you’re moving with your spouse or family, take a moment to write down the top 5 or 10 things you want in a home. Compare and contrast your list with everyone else’s to see what items you have in common. If you both (or all) wrote down a need for a garage and a yard, for example, you should move this up to the top of the list.

Disregard cosmetics.

When it comes to the home that’s perfect for you, disregard the cosmetics to an extent. Features such as wallpaper, flooring and paint colors might make a space look drab, but it shouldn’t be a deal breaker. Cosmetic fixes are easy to accomplish and are often inexpensive, as well.

Know when to spend the money.

When it comes to items you surely can’t live without that are high on the must-have list for you and your partner, it might be worth a splurge. However, House Logic recommends that you ask yourself the following questions before pulling the trigger – assuming you can afford it.

  1. Is it on both of your lists?
  2. Is it something that’ll be extremely expensive and difficult to change or add?
  3. Would you be willing to sacrifice something else to have it?
  4. Would you feel like your house would be incomplete without it?

About Barnes Insurance Agency

At Barnes Insurance Agency, we understand how important it is to protect your home. Not only is it your dwelling, it’s a place where you and your loved ones are going to make memories for years to come. Give us a call today at (877) 279-2500 for more information on our home insurance policies.

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