If your family is on a budget, you may think that you won’t be able to find a house in your price range that will please the kids and meet your needs.
But that’s not necessarily true. These tips can help make sure that buyers are getting the most home on a budget for families:
Consider an existing home
New homes can often cost more than already-existing ones, due to increases in the cost of materials over time. Look for an existing home, and you’ll have a wider variety of styles and price ranges to choose from without sacrificing quality.
Look beyond décor
To get the biggest bang for your buck, put a priority on things that are harder to change. For example, if the home has enough bedrooms, bathrooms, and square footage for your family, you can live with flooring or paint colors that aren’t your favorite. These fixes are relatively inexpensive and can be addressed later.
Prioritize family-friendly features
To make sure you’re getting the most home on a budget for families, put the emphasis on what will be important to you and your family. Sure, those granite countertops or skylights are nice, but for a family with children, a home in a friendly neighborhood with good schools and parks may be more valuable.
Consider the floor plan
Some floor plans lend themselves to a family spending time together. For example, an open floor plan can let you fix a meal in the kitchen and still talk to the kids, who may be spending time in the family room.
If you have very young children, you may prefer that the bedrooms be close together or at least on one level. But if your children are a little older, a split bedroom plan may provide a little more privacy.
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