Buying a home can be an overwhelming task for someone who is used to keeping everything simple and affordable. It is, after all, likely to be the most significant purchase that you will ever make! If this is the path that you are looking at taking, here are some tips for buying a home as a minimalist to help guide you along the journey.
Make sure you are ready
Do not feel pressured to invest in a residential property just because otherwise a property buying company will. Make sure that you are taking the plunge for the right reasons. As most minimalists do when making any purchase, ask yourself the following questions before proceeding:
- Will this add value to my life?
- Will it make me and my loved ones happier?
- Will it make my life more convenient?
- Do I see myself pleased with my decision five years into the future?
If you have answered ‘yes’ to most of these questions, there is a good chance that you are making a great choice to purchase a home of your own. If you felt uncertain or answered ‘no’ at any point, you might be better off continuing to rent until a later time.
Think about space
For many people, it is about getting the largest possible house at the lowest possible price. However, space is less of a pain point for most minimalists. Therefore, stop worrying about getting more bang for your buck and, instead, focus on establishing what you need from the home that you will eventually call your own. If you wanting to relocate in the near future, spend some time looking at different houses for sale online for the country or city of your choice, such as Nairobi, and compile a list of the features that are essential for comfortable living and a separate list of features that would be nice to have.
Cut costs where you can
The dramatic financial outlay involved in buying a property is likely to be the reason why minimalists experience so much anxiety surrounding the process. Keep your sense of calm by taking steps to cut costs wherever you can. This could relate directly to the purchase of the property, as well as to your everyday lifestyle:
- If you are single, consider living with a friend or family member to help cover mortgage costs, or stick to looking at simplistic, one-bedroom apartments
- Start setting aside your ideal mortgage amount months before you even buy property portugal to provide peace of mind that you can indeed afford it (plus, you will have some extra money saved up for emergencies in the future should you need it)
- Visit the home that you intend to buy as many times as possible to get a feel for the interior. Doing so will allow you the opportunity to think carefully about how to implement your personal, minimalistic touch long before you are even due to move in
- Look out for furniture and décor at charity and consignment stores – or investigate the prospect of buying second-hand
Breathe, focus, and try to enjoy the process. Best of luck!
For many years now, James Benson has specialized in management consultancy. James focuses on real estate, and so if you have any questions on the matter, he’s your go-to man for the job. James is upfront, will respond to you ASAP, and is easily contactable