It’s good to have dreams. While many of us often find that ‘rational tendencies’ influence us to grow up and out of them, that’s not necessarily required for you to live a good life. We can always use our dreams as guiding stars, helping us move forward to ambition in the future. In this way, many people picture curating their dream home for years and thus motivate themselves to work up to that point. Cultivating the home of your dreams is a worthwhile endeavor of course, but it often seems hard to achieve unless we have a particular path laid out in that way.
In this post, we’ll discuss a few measures you can take to make your dream home seem more possible, and once you get on the property market, how you can ensure a dream home becomes a home that you actually wish to live in, one that feels like a practical and comfortable environment rather than something that stays and ultimately remains a dream of yours.
Let’s consider some worthwhile advice to this end:
Calculate Your Spending Power
Calculating your spending power is of course essential if we hope to budget for anything, but there are many ways these calculations can be defined and many purposes we can gear them towards. For instance, a house loan calculator can help us more readily understand what kind of mortgage or refinancing we could gain in search of a property. This might be governed by an initiative helping us to move abroad to a potential range of worthwhile properties, or perhaps to see just how much our renovative wriggle room could inspire us to purchase a run-down building and improve it ourselves over time.
Our spending power can also help us understand what our deadlines are or how we should structure our trip. For instance, purchasing property in France will be different to purchasing it in the UK, because in some markets your deposit isn’t guaranteed against the strength of purchase, or it may be that you need to pay more readily for property agents who will manage the entire transition more seamlessly, as well as for lawyers to help you complete the process. In this way, your spending power will be improved.
Maximize The Use Of Assets
Of course, it’s also important to consider how the home you have opted for can have its assets improved upon and its utilities expanded. For instance, it might be that you’ve purchased an old home, full of character, with two fireplaces that have since been blocked up. Could it be that investing to have these chimneys in working order again could help you redefine the shape and utility of your home, as well as its value?
Of course, you don’t have to purchase an old manor with many locked-off rooms and secret passageways in order to see hidden utility or potential in your home. Perhaps you have a great waterfront view, and installing a deck could be a wonderful way to showcase this value. As you can see, you don’t always have to make repairs or furnish what’s already there to improve your house, only to make use of the potential you see in it. After all, property valuations are also predicated on what a property could offer, not what it may particularly offer right now, at least in small part. Why not make good on that? It could be that your dream is hiding under the potential of a home well within your grasp.
Allow Your Dream To Look A Touch Different
Allowing your dream to look a touch different is also a worthwhile perspective to gain. When many of us think about our dream home, we often think about it in terms of whatever fantastical elements or tastes we have curated in our mind’s eye, even unknowingly, for some time. But having too limited an idea of what potential looks like will blind you from a range of other possibilities.
Allowing your dream property to look a little different could be a great idea. Perhaps you’ve always wanted a house on the waterfront, but a gorgeous house is waiting for you now with plenty of land in your garden, and it’s only a mile away from a wonderful lake people fish in. As you can see, little compromises can help you achieve something more readily without discounting the value you have at your fingertips.
Of course, this isn’t to say that you need to compromise on everything – perhaps you’ve always dreamed about living on a small, private road thanks to your childhood spent in homes in business urban areas. In other words, defining your dreams in terms of broad strokes rather than strict particulars can help you keep all of the underlying value and potential (and explorative excitement) more possible to enjoy. That’s a great and certainly a healthy perspective to curate.
Make The Effort & Take Risks
Making the effort and taking risks is an essential part of homeownership, and it’s where the fun lies. For instance, some people wish to purchase a home that’s totally complete and absolutely defined in terms of how it looks. Others may purchase a home with a garden that needs extensive work, but that also offers the potential for an open and amazing vegetable patch if they put some man-hours into caring for it.
Taking risks, be that in design, or in renovating a room, or in knocking through a wall, all of this can help you curate your dream home. For some, the risk might entail living in a rural area when they’ve been used to suburban life for the last thirty-five years (yes, you can begin to feel a little out of your element sometimes), but moving forward to find a new and better normal can also be a great purpose to follow.
With this advice, we hope you can more readily cultivate the home of your dreams. In this sense, you’re much more likely to see them become a reality – and remember, it’s always possible!