There are a lot of costs to consider in your budget when buying a new home, so we’ve created a list for your consideration of the typical purchases for new homebuyers after they move in. Our advice would be to do your research on the average costs of these items and factor them in to your decision about what you can afford. It’s best to be pre-prepared and know your budget before getting started!
Typical new homebuyer purchases include:
Major appliances (fridge, freezer, microwave, washer, dryer, dishwasher if not included in the purchased home or in need of an upgrade)
Sofa(s) and other living room chairs and tables
Dining room and kitchen furniture (table, chairs, lighting fixtures, cabinets)
Wall units and shelves or cabinets (especially if downsizing – organization will be key!)
Outdoor patio or balcony furniture
Bedroom furniture (beds, bedside tables, TV, TV tables)
Bedroom and bathroom linens (towels, sheets, pillow cases, drapes, curtains)
Lawn mower, other yard equipment and garden supplies
Paint (often required to give the home a refresh or breath of your style!)
Replacement of siding or roofing
Replacement of HVAC system
Replacement of security or lock system
We hope this list will help you to take some after-purchase costs into consideration when budgeting for your new home!