There are some key factors new parents should consider when buying a home, even if they are purchasing a larger property or relocating. Whether you have a baby on the way or plan to grow your family, you need to think both short-term and long-term. A few short-term considerations are proximity to family and close friends, commute to work, and proximity to community amenities, like parks and playgrounds. Long-term considerations, however, will be more important because these deal with issues over an extended period of time.
What New Parents should Consider when Buying a Home
Regardless of the home you ultimately buy, if you have one or more little ones, you'll need to baby proof the house. Outlet covers, doorstops, cabinet child locks, infant gates, and more safety items will be necessities. As you purchase or receive these as gifts, it will cause you to think about what you'll need in your new home to accommodate your children. Where you live now, be it an apartment or rental home, it's worth noting what will and won't work with kids.
While the process of home buying can be a challenge for everyone to navigate, parents have specific needs in a property that other buyers do not. Budgeting and planning change when you become a parent. Property decisions are affected just as much by the introduction of children. When you have (or about to have) kids and you’re looking for a home, it’s important to think about all the things they require now and in the future. --Credit.com
After you've prepared for getting a mortgage going through your credit reports, saving money for a down payment, a good faith deposit, inspections, closing costs, and been pre-approved for a home loan, you are ready to do some serious house hunting. You'll start looking online and here you'll encounter a variety of options, such as location, size, home type, price range, number of bedrooms and bathrooms, and more. This is where you should begin to narrow your search, considering the following important factors for new parents buying a home:
- Consider the floor plan. Single story homes will be preferable but this isn't necessarily a deal breaker; just be prepared for all the challenges stairs pose. Also, a floor plan where the bedrooms are next to each other will likewise be preferable.
- Get to know neighborhoods well. Study neighborhoods diligently so you know which offer the most to families. There are plenty of resources available to learn from, including an experienced buyer's agent.
- Look for homes with a yard. Here again, a yard is a preferable perk but it isn't a necessity. Although you'll probably want a home with a yard because it's a wonderful feature to have at your disposal for spontaneous play and a place to set up a playset.
- Educate yourself about the schools. While this is an obvious consideration, it definitely bears including in the list because your child or children will be going to elementary, middle, and high school. Of course, you might sale in five to ten years but you might not and staying put means it's essential to know your options.
- Remember the master suite retreat. Something new parents might not consider is a sizeable master suite, which doubles as a relaxing retreat. It doesn't have to be equipped with a full spa bath, but it should be roomy enough to accommodate furniture, plus a pack and play.
- A bonus room is a great extra. One nice feature is a bonus room or family room that's separate from the living room. It will serve as an ideal location for a playroom where toys can be neatly stored away.
If you are looking to buy a home near Hillcrest Ranch or anywhere else in Glendale or Maricopa County, we are here to help you find the right property for your needs.