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BUYING A HOUSE—EVALUATE THE HOUSE USING SPECIFIC CRITERIA

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When you are buying a house, there are so many factors to consider. Evaluating all the alternatives
can really numb your mind.
To make it easier, use my “House Evaluator,” provided in the next few pages, for every house you
look at and compare your results. If you use this tool properly, it will become clear what house (along
with second and third alternatives) you should buy.
Keep in mind that houses you are looking at may not have all the elements that are being evaluated
(e.g., pool and basement). Just eliminate those from the “evaluator” and add in elements that you want
to include.
More importantly, make sure you understand the effect of your purchase decision on your future
budget and net worth.

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Address
Comments
GENERAL                    SCORE
Location                      ______
Price                            ______
School system           ______
Square feet                ______
Year built                   ______
Number# of bedrooms ______
Builder quality              ______
Best features                ______
Extras to consider       ______
Utility costs                  ______
Problems/achilles heel ______
Scoring system
1=deal breaker
2=unacceptable
3=acceptable
4=good
5=great
Comments
INSIDE SCORE
Master bedroom/closets ______
Master bathroom ______
Guest/kids rooms ______
Guest/kids bath ______
Den ______
Play room ______
Living room/dining room ______
Family room ______
Kitchen ______
Eating area ______
Appliances ______
Basement ______
Scoring system
1=deal breaker
2=unacceptable
3=acceptable
4=good
5=great
Comments
INSIDE SCORE
Laundry room/area ______
Air conditioning/heating ______
Lighting ______
Storage/closet areas ______
OUTSIDE
Landscaping ______
Outside appearance ______
Kitchen area ______
Pool area ______
Sprinkler system ______
Neighbors/Neighborhood ______
Noise ______
OTHER
Scoring system
1=deal breaker
2=unacceptable
3=acceptable
4=good
5=great

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