So you’ve narrowed it down to two houses, but aren’t sure which one you want to buy? Making a final decision can be difficult, after all you are investing in a place to live for at least five or so years. When you are faced with a choice like this, there is only one thing to do. Compare them.
Comparing the features of each house will be hard if they are very similar. Then there is a problem of one house having some of the features you want and the other house possessing a certain characteristic or quality you just can’t refuse. Since you can’t merge the two properties into one, or at least not easily anyway, you will have to actually decide between them.
So, how to go about choosing which house to call your home without sustaining any regrets? Begin by allowing the rational part of your brain to make the decision. While you’ll likely have a lot of emotion tied up in the house buying process, a decision based on it will probably be more impulsive than well-thought out. A home is an important investment, and deciding too quickly can lead to a lot of dissatisfaction if you aren’t careful.
Look at the circumstances particular to your decision. You may not be able to take a lot of time, or in some cases even a little, to make your decision. This means comparing the features of each home very quickly.
Consider outside factors when making a choice between two different houses. For example, perhaps you need to be on a bus line. One property is actually on a public transit line while the other is close enough for you to walk to the bus. Here you will need to consider factors such as possibly harsh winters, rainy days, and the amount of time it will take for you to walk to and from the bus each day. Buying the property that is on the transit line will require less walking while the other will mean leaving earlier in the morning and getting home later in the afternoon. What it all comes down to is what you are willing to do or what is most convenient for your specific set of circumstances.
Make a list of your needs and those of everyone else in the household. Then figure out if you have the budget to cover them. The house you choose may depend on these, especially if one property will be significantly more costly to buy and maintain than the other. Though you may want the higher priced home, you may be better served to go with the less expensive option and save money over time.
Feel good about your decision. This is absolutely a must. Decisions that are made too quickly or on impulse often don’t net positive results in the end. Remember you will be living in your new home for quite some time, so carefully consider all options before signing on the dotted line.