The Price of Perfection: Don’t Wait for the Perfect Home

<article class="post-1116156 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-1116156"><span class="entry-date">July 10, 2024</span><div class="entry-header center-block text-center"><h1 class="entry-title">The Price of Perfection: Don’t Wait for the Perfect Home</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=The+Price+of+Perfection%3A+Don%E2%80%99t+Wait+for+the+Perfect+Home&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fthe-price-of-perfection-dont-wait-for-the-perfect-home%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="The Price of Perfection: Don’t Wait for the Perfect Home Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/20240710-The-Price-of-Perfection-Don-t-Wait-for-the-Perfect-Home-original.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width=""/>
<p>In life, patience is a virtue – but in the world of <a href="https://www.simplifyingthemarket.com/2024/06/19/what-you-need-to-know-about-todays-down-payment-programs/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">homebuying</a>, waiting too long in hopes of finding the perfect home actually isn’t wise. That’s because the pursuit of perfection comes at a cost. And in this case, that cost may be delaying your dream of <a href="https://www.simplifyingthemarket.com/2024/06/11/savings-strategies-every-first-time-homebuyer-needs-to-know/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">homeownership</a>. As <em>Bankrate </em>explains:</p>
<blockquote><p><em>“One of the most common first-time homebuyer mistakes is looking for a home that checks each of your boxes. </em><strong><em>Looking for perfection can narrow your choices and lead you to pass over good, suitable options for starter homes in the hopes that something better will come along</em></strong><em>.”</em><strong> </strong></p></blockquote>
<h4><strong>The Cost of Holding Out for Perfection</strong></h4>
<p>Nothing in life is ever perfect – and that’s true when you search for <a href="https://www.simplifyingthemarket.com/2024/05/17/should-i-rent-or-buy-a-home-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">a home</a> too. Unless you’re building a <a href="https://www.simplifyingthemarket.com/2024/06/13/homebuilders-arent-overbuilding-theyre-catching-up/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">brand-new home</a> from the ground up, chances are there are going to be some features or finishes you wouldn’t have picked yourself. It may be as simple as paint colors, a light fixture, or the tile in the bathrooms or kitchen. Or even that the backyard isn’t fenced in. It could also be that the home itself is great, but it’s not the ideal location you were hoping for.</p>
<p>But here’s the <a href="https://www.simplifyingthemarket.com/2024/05/30/the-biggest-mistakes-buyers-are-making-today/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">trade-off</a> you’d be making without even realizing it. In all that time you’d spend searching for the perfect place, you’d overlook a lot of homes that would’ve worked for you. <em>U.S. News</em> explains:</p>
<blockquote><p><em>“. . . </em><strong><em>you may miss opportunities if you enter the process with blinders on and aren’t open-minded . . . Countless potential buyers never buy because of this, and thus miss great investments or never move on to the next chapter of their lives</em></strong><em>.”</em></p></blockquote>
<h4><strong>It’s Time To Redefine Perfection</strong></h4>
<p>Especially with <a href="https://www.simplifyingthemarket.com/2024/06/18/worried-about-mortgage-rates-control-the-controllables/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">affordability</a> and <a href="https://www.simplifyingthemarket.com/2024/05/16/the-number-of-homes-for-sale-is-increasing/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">inventory</a> where they are today, buying a home that needs some updates, is a few neighborhoods away from your ideal location, or doesn’t have all your desired features can be a smart move. Here’s why.</p>
<p>For starters, these homes are usually <a href="https://www.simplifyingthemarket.com/2024/05/27/how-va-loans-can-help-you-buy-a-home/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">more affordable</a>, which is important at a time when some buyers are struggling to find options in their budget.</p>
<p>And they give you a chance to make the space <a href="https://www.simplifyingthemarket.com/2024/06/03/more-than-a-house-the-emotional-benefits-of-homeownership/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">your own</a> or discover a whole new area of town. You may find out you actually love that <a href="https://www.simplifyingthemarket.com/2024/05/08/how-buying-or-selling-a-home-benefits-your-community/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">neighborhood</a>. Or, swapping out a feature here or there after move-in isn’t such a <a href="https://www.simplifyingthemarket.com/2024/05/21/worried-about-home-maintenance-costs-consider-this/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">big deal</a>. So, look past the green shag carpet and see the bones of the house. With a little vision and creativity, you can turn a good house into a fantastic home.</p>
<h4><strong>How an Agent Helps You Explore Your Options</strong></h4>
<p>If you’re open to a home that needs a little elbow grease or is a bit further out, let <a href="https://www.simplifyingthemarket.com/2024/04/09/the-top-5-reasons-you-need-a-real-estate-agent-when-buying-a-home/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">your agent</a> know. They’ll be happy to show you how this can really open up your pool of homes to pick from. They’ll also help coach you through this process by:</p>
<p><strong>1. Prioritizing Your Must-Haves</strong>: Your agent will want to revisit your wish list and separate your non-negotiables from your nice-to-haves. From there, they’ll focus on what’s really most important to you as they come up with a bigger list of options for you to choose from.</p>
<p><strong>2. Coaching You To See the Potential</strong>: As you tour these added options, your agent will help you look beyond cosmetic flaws and imagine what the home could be with a little work. Simple updates like a fresh coat of paint or new flooring can make a big difference.</p>
<p><strong>3. Connecting You with Local Pros: </strong>And an agent’s support goes one step further. If they know what you’re hoping to change after you move in, they can connect you with local pros who can get the job done. That way it’s less work for you, and you don’t have to worry about tracking down contractors.</p>
<h3>Bottom Line</h3>
<p>Remember, there is no perfect home. But with expert help and an open mind, an agent can find you the right home – even in today’s market. Connect with a local real estate agent to see what’s out there.</p>
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