Almost every homebuyer in the Waterloo Region starts their search with a list of needs and wants. This list is often shared with their real estate agent to help tailor the homes they’re shown. But for first-time buyers, that wish list isn’t always practical or realistic. Some “must-haves” might be better moved to the “nice-to-have” category, especially if they could prevent you from finding an otherwise perfect home.
While creating your wish list, it’s important to check it twice to ensure your priorities make both monetary and practical sense. Here are some common wish list items—and why they might not be as essential as you think:
1. The Big Yard
A big yard is a dream for many homebuyers. Pets and kids love the space, and it’s perfect for summer barbecues and outdoor living. A well-maintained lawn also boosts curb appeal.
But let’s be real: big yards require a lot of work. Those picture-perfect lawns in glossy magazines? They’re often the result of hours of labour (and maybe a little Photoshop). If you’re not prepared for the upkeep, a big yard can quickly become a burden.
For starter homes, a smaller, low-maintenance yard might be a smarter choice. It’s easier to care for and more appealing to future buyers who don’t want to take on extensive gardening chores. Plus, the Waterloo Region is known for its abundance of green spaces, so you can still enjoy nature without the hassle.
2. A Formal Dining Room
A formal dining room sounds elegant and sophisticated—a dedicated space for family meals and holiday gatherings. But let’s be honest: how often will you actually use it? For many homeowners, formal dining rooms become glorified bill-paying stations or storage areas for rarely used china.
Instead of holding out for a formal dining room, consider prioritizing square footage that adds convenience to your daily life. An extra bathroom, a spacious laundry room, or plenty of walk-in closets might serve you better. And don’t overlook the value of a great eat-in kitchen—it’s where most modern families gather to share meals and connect at the end of the day.
3. A Wood-Burning Fireplace
There’s no denying the charm of a roaring fire on a cold winter night. A wood-burning fireplace can also help reduce heating costs—if it’s positioned to circulate heat effectively.
But what about the rest of the year? For most of the time, your fireplace will sit unused, adding another item to your cleaning checklist. There are also safety concerns, especially if you have kids or pets. Wood-burning fireplaces require regular maintenance and can be significant air polluters.
If you love the idea of a fireplace, consider a freestanding electric model. They’re safer, easier to maintain, and can be just as cozy.
4. Stainless Steel Appliances
Stainless steel appliances have been a trendy must-have for over a decade. They look sleek and modern, but do they really add value to your daily life? Often, they don’t perform any better than their standard counterparts—and trends don’t last forever.
Plus, stainless steel is notoriously difficult to keep clean and fingerprint-free. If a home comes with stainless steel appliances, great! But don’t let them dictate your decision. Standard appliances can always be upgraded later, and you might find a home that better suits your needs without them.
5. The Finished Basement
A finished basement can add valuable living space to your home, but it’s not always a dealbreaker if there isn't one. In older homes, finished basements can also come with hidden issues like dampness, outdated finishes, or low ceilings.
Instead of prioritizing a finished basement, focus on finding a home with a dry, well-maintained basement that has potential for future upgrades. A blank canvas might be better than a space that needs costly repairs or renovations.
6. The Open Concept Obsession
Open concept floor plans are incredibly popular, but they’re not for everyone. While they create a sense of spaciousness, they can also lead to a noisy, less functional environment. A bit of separation between living spaces can offer privacy and flexibility.
Don’t automatically rule out homes with a more traditional layout. With a little creativity, you can make any space work for your lifestyle.
7. Luxury Bathrooms
Who doesn’t dream of a huge spa-like bathroom? But luxury bathrooms often come with a premium price tag. If an ensuite oasis is a must, consider homes where a basic bathroom could be upgraded over time. This allows you to customize the space to your taste without paying for someone else’s design choices.
Team Pinto: Your Wish List Partners
At Team Pinto, we understand that buying a home is one of the most important decisions you’ll ever make. That’s why we’re here to help you navigate the balance between must-haves, nice-to-haves, and features that might be better left off your list.
Our goal is to help you find a home that not only matches your dreams but also makes smart financial and lifestyle sense. Whether you’re a first-time buyer or a seasoned homeowner, we’ll work with you to refine your wish list and find the perfect fit in the Waterloo Region.
Ready to Start Your Waterloo Region Homebuying Journey?
If you’re ready to find a home that checks the right boxes—without breaking the bank or compromising on what matters most—Team Pinto is here to help. Contact us today to schedule a free consultation and let’s make your homeownership dreams a reality!