When you’re on the look for a new home, and on a limited budget, you’ll have to make some decisions that will influence either the price or the level of comfort you’ve dreamed for your home.
You might think it’s not a big deal, but these decisions will influence your well being and most definitely will increase the budget you initially estimated.
What will help you prioritise is to have one fixed variable in your calculation and nothing should divert you from that.
Let’s assume your fixed variable is the price. Which in the end, truth be told, it’s not going to be that fixed, since you’ll find yourself in a position to accept a bigger price just so the other variables reach a minimum accepted level for your home.
But for the sake of the argument, you’ll have a fixed price. This fixed price will help choose between:
- the location of your new home
- a partially to fully furnished in the outskirts or something not so new close to the city center
- the surface
In the same time, it will make it harder for you to choose the perfect home, on the same considerations.
The question now is “how to prioritise?”. What to let go of and what to hold on to.
The answer is influenced by the home’s potential and by how much you need now compared to what you can postpone.
You can use the decision tree below, to help you chose: