Three out of four homebuyers in a Zillow survey report having at least one regret about the home they bought. Follow these tips to avoid buyer’s remorse.
Reasons people feel buyer’s remorse after getting a house
Few things can match the disappointment of finally getting your own yard only to watch the previous owner’s gloriously curated garden devolve into an overgrown, weed-infested tangle due to your own neglect.
About 32% of buyers surveyed by Zillow expressed having buyer’s remorse after purchasing a house that needs more work or maintenance than expected.
Think deeply about what makes you happy about your current home, and the kinds of things that bring you joy. Do you like building things? You might want to put a garage or basement work space on your must-have list. How about entertaining? Consider homes with enough space for cooking and hosting.
Imagine buying a home for the peace and quiet it offers only to discover there’s a busy bus stop out front. Or maybe there’s a nearby business district that draws throngs of people late into the night. Or, if you’re someone who likes to shop daily for fresh food, imagine what a chore that could become if the nearest grocery store is 15 miles away.
About a quarter (28%) of surveyed buyers say they would have shopped for and purchased a home in a different area.
There’s one constant with homeownership: If it breaks, it’s your problem.
Think about what makes you happy about your current home. What’s missing that you’d pay a premium to have? Make a list of those things and check the home you’re considering against the list. Do you need a lot of light during the day? Make sure that you’re not in the shadow of large trees. Hate yard work? Consider the size of the yard and its composition.
If you’re buying new construction, research the builder. If you’re buying an existing home, research agents and lenders to make sure you’re getting the best representation and the best value.
Eliminate Home Buying Regrets! Reach out to me for expert guidance and a seamless experience.
