All of us have different timelines. Right now, you might already be one among many who crave a home to call their own. You’re done with just games; now you want fortune and stability. But then again, judging your purchasing capability, you have yet to put your dreams on hold. One good thing is that whatever you set your heart into, you’re able to achieve any of them with the right mindset and actions.
Conceiving and visualizing your dream is the first step, then you go for the right mindset. Aim for the backbone of any go-getter—confidence and positive thinking. If you train your mind to always see the silver lining, you’re bound to attract more opportunities and achieve success. Surround yourself with positive people, not those who want to pull you down. Here are ways you can achieve your dream home:
Spend less and save
Your savings will prepare you for anything you’ll need to acquire and build your house. Be more intentional about saving. Save regularly. Be aware of your spending habits, figure the difference between your wants and needs, or cut down your utilities.
You may also apply the 30-day rule, which is waiting for 30 days before buying something you want. If, after 30 days, you don’t want to buy an item anymore, then move on about the idea of purchasing it.
And if you can, don’t just have one source of income. Working harder and smarter will get you to earn more, allowing you to save more than you could by just having one job. But of course, take care of your health just as you take care of increasing your wealth.
Know your buying power
How much are your present income, bills, and credit score? Overall, what is your financial situation? Find out if you can qualify for home loans, which can help your purchasing ability leap more than you can by merely saving.
If you feel that you have already saved enough, check your budget and costs. After consulting professionals and determining the cost, is your savings enough to achieve your dream house? If not and you badly want a home as immediately as possible, a loan can greatly help.
Be clear about your definition of a dream home
Others’ dream homes may be different from yours. You don’t have to follow your friends’ ideal about having a pool or a home library. If your ideal is just a simple house, then make sure that your plan and effort coincides with your vision, or else you may resent overexerting yourself when something simple is all you actually need.
List down what you really want. It really helps to find a good designer even at the saving stage or when you get past it. Having your savings and a loan ready, you can then proceed to flesh your dream home out. Tell your designer what you have in mind to help you clearly define the home you envision.
Decide on the location
Do you want to be in proximity to a city’s main infrastructure, such as a mall or school? Maybe you want to be near your parents, friends, or other loved ones. Or, do you want the convenience of being near entertainment, attractions, or your workplace? Perhaps, you want to live in a rural area, on a hill, or near a beach. Take note that location is one factor that determines how much your home will be.
When to buy used or new home
Older homes may be less pricey, but they may cost you many kinds of repairs in the future. You will need to renovate many parts from flooring, roofing, to its overall foundation. With these, you might end up spending more on renovations than buying a new home.
This is why many people prefer a new home—with everything new, they’ll not need to replace anything. While it may be more costly upfront, it will prove to be a better investment in the end. But of course, this depends on you. If the home you’re looking at was just used for a couple or so years, then it might not have that many problems.
Prepare the blueprint, building materials, then build
Having decided the location, if you want to start new, get a contractor. Have your blueprint made and the requirements to build your home prepared, including different kinds of permits. Supervise throughout the building process.
Finally, when all is prepared and done, get the permit to live in your home, then you can move in and enjoy the comfortable life you dream of for yourself or your family. It’s such a satisfying thing to be able to achieve your goal. Relish it, your loved ones who’ll live with you, and of course, your home.