Top Considerations After Buying Your New House

Brad Smith
Author: Brad Smith

Congratulations on the purchase of your new home! Whether you’re buying your first home or you’re a seasoned pro, the thrill of moving in can feel like riding a roller coaster—exciting yet a bit nerve-wracking. But don’t sweat it, we’re here to help you with the ins and outs of what to consider once you’ve signed the dotted line. This guide will take you through the must-know tips after snagging your place, making sure you settle in smoothly and securely. Let’s turn that new house of yours into a home together.

top considerations after buying your new house

Secure Your New Home

Change the Locks

First things first, change those locks! Imagine the previous owners (or their friends) still having keys to your house. Not ideal, right? Changing the locks makes sure that you and only you have access to your new space. You may not know the history, like if it’s been rented out in the past, what kind of characters were living there, so it’s a simple yet crucial step to guarantee your peace of mind.

Install a Security System

A security system is your home’s best friend. From smart locks to surveillance cameras and alarms, modern security systems offer various features to enhance your home’s safety. You can even monitor your property remotely through your smartphone. Imagine, seeing someone suspicious peaking at your front door while you are out at work for the day, one touch of the button and you can activate a blaring alarm to wake up the neighbors and deter anyone suspiciously hanging around. It’s an investment that not only protects your property but also adds value to it.

Check Windows and Doors

Don’t overlook your windows and doors. Make they can be secured and are functioning properly, double check that they can’t be easily accessed from the outside. Upgrade to reinforced glass or add window locks if you don’t already have them, it is a necessity. Simple fixes can make a big difference in keeping your home safe from intruders.

Inspect and Repair

Home Inspection Follow-Up

Remember that home inspection report you got during the buying process? It’s time to revisit it again. Address any issues noted in the report promptly. Small problems can morph into costly repairs if left unchecked. That small water mark stain on the roof in the garage, make sure to get it looked before it leads to a bigger problem. Prioritize critical repairs and you’ll be glad to avoid future headaches.

Roof and Gutters

Your roof is your home’s first line of defense against the elements. Check for any damage or missing shingles. Clean out the gutters to prevent water damage. A common, problem with gutters is that they get clogged often and water build up can occur, if left alone water can overflow and be draining into your house rather than down the gutters. Regular maintenance can extend the lifespan of your roof and save you money in the long run.

HVAC System

A comfortable home hinges on a well-functioning HVAC system. Ensure your heating and cooling systems are in good working order. Schedule a professional service to check for any issues and perform a routine maintenance check. You don’t want your furnace quitting in the dead of winter or to be finding out that the cooling system doesn’t even work because you purchased your property in winter and have had the need to test it out.

Utilities and Services

Set Up Utilities

Don’t forget to set up essential utilities like water, electricity, gas, internet, and trash services. Contact your providers to confirm everything is up and running before you move in. This avoids any last-minute hassles like finding out that only particular internet service providers service your area or the hot water bottle on your property is due for an urgent upgrade.

Find Local Service Providers

It’s always good to have a list of reliable service providers handy. Research and note down contact details for local plumbers, electricians, landscapers, and other essential services like booking movers with Find a Mover. When an emergency strikes, you’ll know exactly who to call.

Financial Planning

Budget for Homeownership

Owning a home comes with its own set of financial responsibilities. Create yourself a budget that includes mortgage payments, home and contents insurance, any property taxes, and maintenance costs. Know exactly your financial situation on a spreadsheet will allow you to be financially prepared so that you can enjoy your new home without stress.

Emergency Fund

We all know life is unpredictable, and so are home repairs or when the family car suddenly breaks down requiring car towing services. Setting aside enough funds that allows you to handle any type of emergency for these unexpected issues can help you deal with whatever life throws at you. Whether it’s a burst pipe or a faulty appliance, having a financial cushion can save you from panic and unplanned debt.

Homeowners Insurance

Remember, now that you own your house and everything in it, that includes all your personal belongings, home furnishings, appliances. It’s a significant asset and if anything happens, you need to make sure you hold adequate insurance. Review and update your homeowners insurance policy at least yearly. Ensure it covers all potential risks and provides adequate protection for your new property. It’s better to be safe than sorry when it comes to your most valuable investment.

Home Maintenance Schedule

Seasonal Tasks

Create a home maintenance schedule to keep your property in top shape. Plan for seasonal tasks like spring cleaning and other weather-specific chores. Regular upkeep prevents bigger problems down the line.

Routine Inspections

Make it a habit to inspect your home regularly. Check for leaks, pests, signs it’s time to replace your AC and other issues. Early detection can save you from more extensive and costly repairs.

Appliance Maintenance

Follow recommended maintenance for major appliances. Regular servicing can extend their lifespan and improve efficiency. A well-maintained home is a happy home.

Personalize Your Space

Interior Decorating

Now for the fun part—personalizing your space! Choose a timeless color to paint the walls, choose furniture that you love, and add décor that reflects your style. Making the space your own transforms your house into a home. 

Landscaping

Don’t forget the outdoors. It is just as important as the inside of your house, so create a welcoming outdoor space with some landscaping. Installing a lush lawn, a flower bed garden, or a cozy patio, can and will enhance your home’s curb appeal.

Home Improvement Projects

After owning your home and living in it for a while, you’ll start to find home improvement project that you’ll want to tackle. Maybe it’s a kitchen remodel or a bathroom upgrade, plan and budget for these projects to enhance your home’s functionality and value.

Legal and Administrative Tasks

Update Your Address

Make a change of address checklist so you remember to notify the post office, banks, and other important entities that should know of your new address. Change your addresses on licences, making sure all your mail and services are redirected and any electorate information helps avoid any disruptions.

Review HOA Rules

If your home is part of a homeowners association (HOA), review and understand the rules and regulations. Compliance is essential to avoid any fines or disputes.

Tax Deductions

If you will be using your home to work from home or keep a room occupied purely for your side business. Make sure you keep records of home purchase expenses for potential tax benefits. Certain costs can be deducted, helping you save money come tax season.

Plan for the Future

Energy Efficiency

If you will be occupying your home for the long term, why not think about the future and invest in energy-saving improvements like insulation and solar panels that could save you money in the long run. These upgrades not only reduce your carbon footprint but also lower utility bills when the cost of living is only rising.

Property Value

When you’ve just bought your house, it’s hard to vision what your plans are when you’ve barely set foot in the door but remember to keep an eye on market trends and neighborhood development. Staying informed about property values in the area can help you make wise decisions regarding renovations and potential resale, especially if your goals change, like starting a family or looking for reputable schools in areas you want your children to be in.

Enjoy Your New Home

Host a Housewarming Party

After you’ve purchased your home and ready to move in, celebrate your new home with a housewarming party. Invite your friends and family to share in your joy and create lasting memories of the next chapter in your life.

Relax and Settle In

Once you’ have everything sorted, take time to relax and settle into your new space. Unpacking and organizing can be overwhelming, so pace yourself and enjoy the process. Take time to explore your new neighborhood and make community connections.

Create New Memories

Your new home is a blank canvas for new memories. Live in the moment and cherish every experience as you begin this exciting new chapter.

Conclusion

Owning a home is a fantastic achievement, but it comes with new responsibilities. You need to secure your new home, stay on top of inspections and repairs, set up utilities, and plan financially after buying your house. However, don’t forget to personalize your space and plan for future improvements, while creating lots of memories during the journey of homeownership. 

I know, it’s a lot to take in and by following considering the above, you can make sure homeownership is a smooth transition. Now, take a deep breath and go along for that ride, throw that housewarming party, explore your new neighborhood, and create countless new memories in your beautiful home. Welcome to the next exciting chapter of your life—homeownership! Enjoy every moment and make it truly your own.