Making Smart Decisions When House Hunting
Buying a home is one of the biggest investments you’ll ever make. While it’s easy to fall in love with a stunning kitchen or a spacious backyard, it’s important to balance practical needs with personal preferences.
At Oval Group, we help first-time buyers navigate this process by defining must-haves vs. nice-to-haves to ensure you get the best value for your money. Here’s how to make smart, informed decisions when searching for your dream home.
Step 1: Identify Your Must-Haves
Must-haves are non-negotiable features that you cannot compromise on because they directly impact your lifestyle and long-term satisfaction.
???? Location:
- Proximity to work, schools, public transportation
- Safety and neighbourhood amenities
???? Property Type & Size:
- Single-family home, condo, townhouse
- Minimum number of bedrooms/bathrooms
- Sufficient living space for your family’s needs
???? Essential Features:
- Parking or garage space
- A home office (if you work remotely)
- Yard or outdoor space (for pets/kids)
???? Budget:
- Staying within your pre-approved loan amount
- Accounting for property taxes and homeowners association (HOA) fees
If a home doesn’t meet your must-have criteria, it’s best to move on—even if it looks appealing.
Step 2: Prioritise Your Nice-to-Haves
Nice-to-haves are features that would enhance your home experience but aren’t deal-breakers.
✨ Luxury Features:
- Walk-in closets
- Spa-like bathrooms
- High-end kitchen finishes
✨ Smart Home Tech:
- Built-in security systems
- Smart thermostats and lighting
✨ Outdoor Additions:
- Swimming pool
- Garden or patio space
If a home checks all your must-haves but is missing a few nice-to-haves, it’s still worth considering—especially if upgrades can be made later.
Step 3: Be Flexible & Keep an Open Mind
Rarely will you find a perfect home that meets 100% of your wants. Be open to compromise while keeping your long-term priorities in mind.
???? Ask yourself:
- Can I add this feature later? (E.g., upgrading appliances or landscaping)
- Does this home have good resale potential?
- Will I be happy living here in 5-10 years?
By focusing on what truly matters, you’ll make a smart investment rather than an emotional decision.
Step 4: Visit Homes & Evaluate with a Critical Eye
When touring homes, take notes and compare features objectively. Ask your agent key questions:
✔️ Are there any structural issues or red flags?
✔️ How does the home compare to others in the area?
✔️ Is the asking price aligned with market value?
Oval Group will guide you through this process, providing off-market opportunities and expert market insights to help you make the right choice.
Let Oval Group Help You Find Your Perfect Home
At Oval Group, we don’t just find homes—we find homes that fit your lifestyle and future goals. Whether you’re a first-time buyer or an investor, our team works closely with you to ensure a smooth and stress-free experience.
???? Contact us today to start your home search!