Answer to Question #311712 in Finance for Kelsey Jand

Question #311712

Home Attribute Analysis

Perform an attribute analysis of your projected wants and needs as a homeowner. Begin by prioritizing the following personal and microeconomic factors in terms of their importance to you in deciding when to buy a home.

  • How large should the house be? How many bedrooms and bathrooms?
  • Which rooms are most important: kitchen, family room, or home office?
  • Do you need parking or a garage?
  • Do you need storage space?
  • Do you need disability accommodation?
  • Do you want outside space: a yard, patio, deck?
  • How important is privacy?
  • How important is energy efficiency or other “green” features?
  • How important are design features and appearance?
  • How important is location and environmental factors?
  • Proximity to work? Schools? Shopping? Family and friends?
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