Needs versus Wants

Have you ever seen the commercial about the guy that goes out to buy a new car and drives his new, red, 2-door, sports car into the driveway where his wife and three young children are waiting?  That’s what I mean…need versus want.  It’s the same with houses.  You have to find a good balance and a good Realtor will help you find that.  You LOVE the two story home with the huge backyard, but you are over retirement age.  Stop and think.  Are those stairs going to be a problem or a big headache for you in a few years?  Is the large backyard a lot of work?  Maybe your needs are more in line with a smaller home with no stairs and a yard that is maintained by someone else.  But maybe you just don’t like that.  Well, it’s time to find a balance or sacrifice one for the other.  Maybe that doesn’t make me the best “salesperson” who would push you into the largest, most expensive home of your dreams, but it’s what makes me a good Realtor.  A good realtor understands both your wants and your needs and can help you find that perfect match.  And if you are lucky enough, you might just find exactly what you need AND exactly what you want in the same property.

How can you help your Realtor help you?  Determine these things first and let your Realtor know.

What are your needs?

  1. How many people are in your family?
  2. How many bedrooms and bathrooms do you need?
  3. How often do you have visitors?
  4. Do you need indoor space or more outdoor space, such as a patio?
  5. Do you have pets?
  6. How much care can you give to a yard or pool?
  7. Do you need easy access to town or a highway?
  8. Do you need to be able to get to the main city or hospitals?

What are your wants?

  1. Do you want a guest bedroom or house?
  2. Do you want a large yard or a small one?  Are you willing to pay someone to keep up a larger yard?
  3. Do you want a pool?  Are you willing to pay someone to clean it or are you willing to do it yourself?
  4. Do you want to live in a gated residential community or in a smaller local community?
  5. Do you want a new home or one that is a more established neighborhood?
  6. Do you want to live in a secluded rural area with no neighbors?
  7. Do you want to never drive on a dirt road?

How can you compromise the two or make a tradeoff?

  1. Do you want the guest house, but only have visitors for one week out of the year?  Would it be worth to live close to a small hotel or short-term rental where you could have them sleep there instead?
  2. Would a pool that is available to the residential community work so that you don’t have the personal maintenance?
  3. Could you buy a smaller house and build a separate guest home in the future?
  4. Would you want to get a secluded home but still close to the city?
  5. Would you be willing to drive on a good dirt road if it meant living in the home of your dreams?
  6. Do you love the beach but hate the heat?  Could you then live 30 minutes away from the surf but up where the air is cooler?
  7. How do you get a home with a view over the whole valley without driving on a hill?

 The more inline that your wants and needs are, the easier it will be, but sometimes compromises or tradeoffs can be made between the two.  It can make it even more complicated when two people have very different ideas of what they need and want.   For example, a wife who likes to be close to town in a home with very little maintenance and a husband who likes to be out in the country with no neighbors in shouting distance.  So, then you have to try to line up two sets of needs vs. wants.  The more you can know this about yourself before you start and let your agent know, the quicker you will find the perfect home. 

Tina Newton who is part-owner of Tristan & Newton real estate is always glad to help you in the search for a home, to sell a home, or even to just answer any questions you have about living in Costa Rica.  Check out the website, facebook page, or send a direct email to find the home of your dreams.

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