What to Expect: First Year in a New Home

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Real Estate

 

 Months 1-3: Settling In
In the first few months, it’s all about unpacking and arranging key areas like the bedroom, kitchen, and bathroom. This is also a great time to start exploring your neighborhood, finding local amenities, and meeting neighbors. This period can be an emotional rollercoaster, so it's important to allow yourself time to adjust to this new chapter. 

Months 4-6: Establishing Routines
By now, you're likely establishing daily routines and making further personal touches in your home. Consider starting smaller home improvement projects or a garden. This is also when you might start purchasing major items for your home like furniture, appliances, and home furnishings. 

Tip: Start a regular home maintenance schedule to keep your property in good condition.


Months 7-9: Deepening Roots
By now, your focus may shift to larger projects that make the space truly yours, such as painting or planning significant renovations. This is also a time to invest in items that bring comfort and functionality to your home. Homeowners often buy window coverings, furniture, and lawn care or gardening supplies during these months. 

Tip: On average, new home buyers spend around $12,000 on alterations and repairs in the first year, so it's wise to budget carefully and prioritize essential projects with a good ROI.


Months 10-12: Reflection and Planning 
As you approach the end of your first year, you might review the changes you've made and start planning for future renovations or improvements. Consider the investments you've made in your home and how they've enhanced your living experience – what's comes next? 

Tip: Review your home-related expenses over the year and adjust your budget as necessary.