Buying a new home can be an exciting time, it is your safe haven where lifelong memories are made. Depending on your stage in life the purchase of your new home will see new family members be introduced or leave the nest to spread their wings. It’s no secret that when choosing your new home you need to be mindful of market growth and suburb performance and evolution over time to eventually maximise your resale value. Another important thing to keep in mind is how your home can suit your family, not only today but in the future.
Families come in different shapes and sizes and it is important to focus not only on your lifestyle today but look into the future. Are you a young couple that could one day start a family? Are your children in their early teens but will soon want some space of their very own? Do you have aging parents that could one day need your assistance? Building designer Martin Kolarik says that the most sought after family home consists of 4 bedrooms, 2.5 bathrooms, a study, 1-2 living areas and a generous kitchen. He comments that the best action plan when looking for a family home is to think well into the future “the kids might be two or three…. But they’ll be in their 20’s by the time they leave so they need that second living space to be versatile enough to be multi-purpose”.
Real Estate Agent Bethwyn Richards says that it is important to look for a family home that has separation between the living areas so that your home can adjust to your needs as your family grows. Depending on your stage in life looking for a property with a large garage or granny flat can be advantageous to help the family home survive the changes in your lifestyles, whether it be for elderly parents needing care, teenage children wanting their own space or to be rented out to ease financial strains.
Richards also says that families planning children should focus on a property with a generous backyard connected to the living space for a place to burn energy whilst still being under supervision or a study nook in the main living area so that when the kids are inside absorbed in technology it is easy to keep an eye on what they are doing.
Whilst the purchase of the family home will be largely dependent on your budget and lifestyle needs, making sure that you consider how your family will change and grow in the future and ensure that your family home will adapt to life’s surprises.
For more information on finding suitable properties for you and your family or help purchasing a new property, contact Solid Investment Property on (03)9690 2666 to find more about our Buyers Advocacy services.