5. Define Your Deal-Breakers

Each of us has a list of must-haves when it comes to our living space and of all the factors to consider when purchasing a home, this is perhaps the most important in terms of ensuring you select something that reflects your own personal tastes and needs.

Perhaps you have a growing family and require a minimum number of bedrooms close to a good school district, or absolutely need to live in the city.

Maybe you work from home and need a separate office area, or you have a passion for cooking and value a designer kitchen - narrowing down your absolutes will be a sure way to avoid wasting time on unsuitable properties, and instead allow you to determine exactly what you are willing to compromise on and what you simply canโ€™t live without.

Again, the key here is to be realistic in your expectations - determining that you would love an outdoor pool you cannot afford because it would be wonderful sipping cocktails poolside in the summer is not a deal-breaker, it's a dream to work towards.

This list is about asking yourself, if you only have a certain amount to spend, how exactly you want to use that money to best benefit your needs and reflect your lifestyle.

Consider the Re-Sale Potential
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