When looking for homes that you and your loved ones deserve, a lot of decisions are driven by emotion. However, it is important to remember to while buying a house holds a lot of sentimental value, you also need to take other aspects like your financial status, location into consideration to figure out what works best for you.

Whether you are buying a home to move out of your parents’ house, start a new life with your partner as newlyweds, or you’re looking for a kid-friendly neighbourhood with the best schools for your children, it all boils down to the location of your new home. The most common decision people face is deciding between investing in a small house at a premium location or a big house in the suburbs for the same rate.

If you find yourself in a similar position, go through our guide and ask yourself these questions to buy a house that makes you happy.

1. Career Choice

Your career plays a primary role in making the decision between buying a suburban or a city home. If you are an artist, you may prefer the peace and quiet, as well as the space that accompanies a suburban house. You can even build a studio room and work in solitude. On the other hand, buying a house in town right in the heart of all the business empires may be a better choice for business executives.

2. Convenience of Travel

Before buying a house, consider the distance and time it would take to commute from your home to your workplace. While buying a snazzy place in a premium location may feel great, if it is far from your daily hangout spot or your friends and family, you may end up spending more time travelling to and fro than at your new place.

3. Family Members

Consider the number of family members that will be living in the house. You may be inclined towards buying that small apartment in a premium locality but if you have kids, your cosy apartment can start feeling cramped real soon. Families with children may be better off in a much spacious suburban home. A large house in the suburbs is also the better choice for people with pets. If you’re looking to buy a new house for just you and your beay, a cosy house may be the right investment.

4. Level of Maintenance

Depending on whether you’re a busybody or homebody, you can decide whether a small house or big suburban house is the right choice for you. If you hate being cooped up indoors or travel for work often, you may prefer a low maintenance house. People who work from home, prefer the open space and can take care of regular repairs can spring for a quaint, suburban house.

In love with a gorgeous new home but can’t handle the finances? Connect with Tata Capital and browse through a wide range of home loans to get the best housing finance deal that cater to your needs. We offer attractive home loan interest rates, highest home loan eligibility and flexible EMI home loan options for you to choose from. Avail tailored housing loan plans to buy the house of your dreams.