Buying a home is all about compromise.
Indulge me for a second here, what is your deal breaker when it comes to buying a home?
Any real estate mogul will tell you that it is impossible to find the perfect fit when buying property unless you have a bottomless pit of money.
Compromise is not only necessary, but a crucial key to unlocking your next home. You need to do away with your long wish list and figure out what you should and shouldn’t compromise on.
Number of Bedrooms? compromise.
You have found your ideal house but it has three instead of four bedrooms. Many Kenyans are wired to equate luxury to a mansion full of many rooms. True or true?
Unless the home you are buying is for a big family or an extended family, it’s time to compromise.
If the extra bedroom is a reserve for guests, ask yourself,” is it worth coughing out extra thousands of shillings for a space that may only be occupied for a few weeks a year?”
You have your answer.
It might make more sense to save some cash (and make some, in the long run) by building yourself an extra bedroom rather than buying it.
It looks boring,compromise
Houses are like diamonds, with a little polish here and a small touch-up there, the end product is beautiful.
The overall condition of a property is the one thing you should compromise on when buying a house.
It doesn’t take rocket science to figure out that with a few renovations the house can add value when it’s time to sell.
What you need to find out is how much time and money it will take to spice up the house. Also ask yourself where you will live as the renovations continue or whether you will move in straight away.
Parking space, No
It is going to be a long ride full of uncertainties and inconveniences if you buy a property without parking space. This is a no-no when it comes to making a compromise.
If there is a sector that G.O.K is overworking, it has to be the kanjo. They are ever vigilant on the slightest parking infringement, and paying for private parking will cost you thousands per year.
The budget is skyrocketing? Stick to the plan
If you’re serious about buying a home, you most probably have a clear view from the bank as to how much they are prepared to lend you. No matter how lucrative a deal appears to be, don’t bite more than you can chew.
Overstretching yourself will only add debts that my turn sour in the long run.
If you cannot commute, why are you buying that home?
If you are one of those people who hate commuting for long hours to work, you will only hate it more. When buying a home, you should highly consider the proximity to work. Commute time doesn’t grow on people.
If you hate the hustle and bustle of Nairobi Town and you don’t mind commuting, then buying a home far away is the best option for you. You get all the peace and quiet the world has to offer.
Related; Finding a home on a budget.