Either, when we search for the right house, to purchase, to become a home, of our own, or, we believe, our needs have changed, and, our residence, as it is, no longer meets our needs, goals, and priorities, it might make sense, to carefully consider, our options. Obviously, one is to select, a different house, and move into it. However, often, somewhere, which seems, to, not meet our needs and expectations, might be able to be transformed, into our dream – house! This means, having, the willingness, and ability, to see things, as they could be, instead of the present limitations. Is it wise, to carefully, evaluate, whether it makes more sense, to buy, a house, with most of the features, etc, you seek, or a lesser, less expensive one, which can be modified, and customized, to your personal tastes and preferences. With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 4 factors, which might direct you, to fixing – up, rather than buying someone else’s ideas, of a finished – product!
1. Bones: Look at the bones, of a property, instead of, merely, the cosmetics, as they exist! Does the particular place, have the construction, quality, location, etc, which makes it, somewhat special? Will it make sense, when you combine the costs of the existing property, with the needed, construction costs, to proceed in this manner? What do you like about its specific location, property size, etc? Are you able to see things, as they might be, and are you willing to undergo, the temporary inconvenience, to undergo the project?
2. Cost considerations: What can you afford, and what do you need, seek, and want? Compare the cost of purchasing a house, completed to some else’s taste, to buying a house, fixing – it, and making it, your customized residence?
3. Your personal tastes and priorities: It’s nearly impossible to find any place, which, exactly meets, and/ or, exceeds, every one of your perceived requirements, and/ or, preferences! How happy might you be, without some of these inclusions? Is the location, as good as the other one? How about property/ lot, considerations/ usage/ needs/ priorities? Nearly every time, someone makes a purchase, they do, a degree of work, etc, to address some issues, and/ or, personal tastes! Compare every issue, related to, comparing a more – completed piece of real estate, to one, you will renovate, and upgrade!
4. What you want, and need?: Take the time, and make the effort to consider, what you want, need, and prefer. Differentiate between true desires, and secondary ones.
Since, for most of us, the value of one’s house, represents their single – biggest, financial asset, doesn’t it make sense, to proceed, as wisely, as possible! Will you proceed, in the wisest, possible, manner?
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Source by Richard Brody
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