Right now, this is definitely something we’re thinking about a LOT. We put our house on the market a couple of weeks ago, and we’re so ready to be able to move on to something else! As a result, House Hunters on HGTV has become even more of a favorite of mine (and Brian likes it too, whether he’ll admit it or not).
When I watch that show, though, the different scenarios people are buying in sometimes amaze me. I’ll see 20-year-olds buying a $500,000 house, or people dropping more than we would on a permanent home for their vacation properties. Some people are just looking for economical property investments, so they’re thinking more about spending just a little bit with the potential for flipping it and making money on it later. That would be completely intimidating to me! I’d need a property investment guide or mentor, because I don’t approach houses thinking about their investment value as much as I do how it’d work for our family to live in. I try to remain practical, but emotions definitely come in to play!
I know when we bought our house that we live in now (our first house), it just felt like home. Of course, we waited for an inspection to confirm it was in good shape, but it was definitely the emotional draw that pulled us to the house to begin with.
How do you approach home buying? Are you all about the numbers, or are you emotional? Or a mix of both? What drew you to your house?