Buying a home will likely be the largest purchase you’ve ever made, and it’s certainly going to be one of your largest investments. Though it’s impossible to predict life’s twists and turns, there are many things you can look out for when it comes to ensuring the home you purchase will serve you and your family well for years to come.
What is Future-Proofing?
Future-proofing your home means considering a multitude of factors in order to protect your investment and interests in the future. Here are the most important things to consider, from before you even buy your home to once you’re settled in.
Before You Buy: Do Your Due-Diligence
One of the easiest ways to future-proof your home in terms of resale value is to consider its location. Are there schools nearby? Is it close to amenities and transportation? If there isn’t a lot around now, is there development happening so that there will be in the future?
Buying a home in a good location or a location with growth potential is a key factor in ensure it retains and increases in value.
Will There Be Enough Space?
When looking at potential homes, don’t just consider your current needs, but your future needs as well. For example, if you currently have no children but plan to have them, you will need to make sure your home has enough space for your future plans.
Also consider versatility. Look for homes with multi-purposes spaces, or homes that can be expanded by renovating.
Energy Efficient Home Upgrades
Once you’re actually living in your home, it’s an excellent idea to make energy efficient improvements such as better insulation, purchasing energy efficient appliances, and more. Check out our article on Energy Efficient Home Upgrades for more ideas.
Not only will energy efficient upgrades save you money and make your family more comfortable in the home, but they will increase resale value as well.
Smart Home Technology
In a similar vein, many modern homes now incorporate smart technology. Smart technology ranges from smart thermostats that can adjust your home’s temperature, to voice activated technology that can turn on lights.
As technology advances, more and more people will consider homes with smart technology a must.
Cultivate a Healthy Environment
You and your family will likely be spending many years in your home, so it’s important that the home’s environment is a healthy one. Check your home’s air quality and ensure your HVAC is working well to keep your home’s airflow healthy.
Thoughtful Landscaping
When it comes to landscaping, time is your friend. Many tress and flowers need a number of years to mature and develop. Tend to your yard and garden early on so that you can not only reap the joys of a blossoming landscape, but also have that greenery in place for when you decide to sell.
By future-proofing your home, you can ensure not only the comfort of your family, but the protection of your investment.
