Creating Your Dream Home: Why Assessing Your Needs vs. Wants is the Key to Success

It's so easy to have a long wish list when renovating your home but the reality is your renovation budget has to streItch very far. Using a process of defining your needs vs wants, you can prioritise where you spend that finite budget.

When it comes to

building or renovating a home, it's easy to get carried away with ideas and

inspiration from magazines, Pinterest, and social media. However, it's

important to remember that not every idea or item on your wish list can be

accommodated by your budget or space limitations. As a property, I always

advise my clients to take a step back and assess their needs versus their wants

before diving into a project.

To start, make a list of the essential

items and features that are necessary for your daily life, such as sufficient

storage space, comfortable living areas, and adequate lighting. Once you have a

solid foundation, you can then start to consider the extras that will enhance

your space and add personality to your home. It's important to prioritise and

stay realistic with your budget.

Additionally, remember to consider your lifestyle when making design decisions. For example, if you love to cook, investing in high-quality kitchen appliances may be a wise choice. Or, if you have children or pets, choosing durable and easy-to-clean flooring may be a better option.

In the end, the most important aspect of any home project is that it reflects your personal style and meets your practical needs. By prioritising your wants and needs, you can create a space that is both functional and visually appealing, without breaking the bank. As a property coach, I always strive to help my clients achieve their dream homes within their budget and space limitations.

To help you work out your needs vs wants, I've prepared a worksheet that you can download for free. Here's the link.