If you’re looking for an affordable home that doesn’t break the bank, then there are plenty of options out there. The ideal option for one person might not be the best option for you, so it is important to put in some time and effort to pinpoint your needs. You want to put together a list of requirements that will help you narrow down the possibilities. The following are some of the questions you might want to ask before signing on the dotted line.
What is my ideal location?
If you want to be close to work and school, then having a shorter commute is vital. If you have any favourite restaurants or hangout spots, then being in the vicinity of those landmarks could be important to you as well. There are so many things to consider when choosing your ideal location, so try to pinpoint your priorities before making any final decisions.
What type of home do I want?
If it’s a studio apartment that fits your needs then that might suffice for now. If you want a house to express your individuality, then a little more effort will be needed to find a place that matches your personality. It doesn’t matter what type of place you choose – it’s the location and the price that really matter.
What can I afford?
If you’re going to rent rather than buy, then finding an affordable home is crucial. Not only will this save you from paying for a mortgage each month, but it can also save your sanity from having to deal with contractors and other homeowner headaches. You might have dreams of living in a considerably larger space or being in an ideal location, but it is important to be realistic when setting up costs versus needs versus wants.
Is there space for my furniture?
Making sure you have enough room to store your treasures is important, so making sure there are enough square feet in the apartment will help you feel more at home. However, it is also important to keep in mind that the apartment might not have all of the same amenities that you have at home. Don’t assume it will be easy to adapt to an apartment with no closet space, no pantry or nothing but a bathroom within reach.
Are my security needs addressed?
A typical rental agreement states that repairs must be made within 24 hours and that security should be maintained 24/7 (especially if you live in a high-crime area).
