While much of what makes a home the right choice is vague and difficult to quantify, there are a number of objective considerations as well. Review the following items to help determine if a house is right for you.
Evaluating a Fixer-Upper
If you're considering a home that needs a lot of work, it can be very difficult to get a feel for whether the home is right for you. While many features will be obviously substandard (otherwise it wouldn't be a fixer-upper), it can sometimes be difficult to visualize exactly how the renovation will turn out. It can also be quite tricky to figure out exactly what you can accomplish on your budget. Because of these factors, it is highly advisable to take a much closer look at this type of home. At the very least, you want to have a comprehensive home inspection done.