What factors should you consider when choosing a home?

Choosing a Place to Live Chapter 5, Day 1

Objectives 1. Explain the steps in the decision-making process. 2. Analyze the impact of housing needs, wants and priorities when choosing a place to live. 3. Identify human and material resources that influence housing decisions.

Making Housing Decisions Choosing a place to live is one of the most important decisions a family or individual can make. –Cost – financial situation –Location – daily lives or lifestyle

Steps in Decision Making Step 1: State the Situation –Why do I need to make this decision? –Who else needs to be involved? –Who will be affected by this decision?

Steps in Decision Making Step 2: Identify your Resources –Time –Energy –Budget

Steps in Decision Making Step 3: List the Options – Identify the alternatives. Step 4: Weight the Options – Consider how each alternative will affect the final outcome. Step 5: Choose the Best Option – Look for the option that meets as many goals as possible.

Steps in Decision Making Step 6: Carry out Your Decision – Put your decision to action. Step 7: Evaluate the Decision- How did this decision turn out for you?

Influences on Housing Decisions Needs – the most important factor in making a housing decision. Wants – not all wants can be fulfilled. Prioritize your wants.

Influences on Housing Decisions Human Resources – personal qualities that people possess. –Creativity –Knowledge –Skills –Talent –Time –Energy –Experience

Influences on Housing Decisions Material Resources – tangible assets, such as: –Money –Property –Supplies –Tools

Influences on Housing Decisions Purchasing “Fixer-uppers” – substitute human resources for material resources. 1. time 2. energy 3. creativity

Human Resources List the skills you have that would be beneficial in renovating a home.

Housing Costs Activity Compare prices of two homes in different areas. (Handouts) Where are the prices generally the highest? Where are they the lowest? What might account for these differences?

Worksheet Activity Sheet 16: Deciding where to live.

Choosing a Place to Live Chapter 5, Day 2

Objectives: 1.Contrast different types of community environments. 2.Analyze the factors that should be considered when selecting a neighborhood. 3.Evaluate the importance of public services in choosing a place to live. 4.Compare and critique multifamily and single-family housing options.

Choosing a Location The location has a major impact on the cost of the home. Housing tends to be more expensive: –East and West Coasts –Desirable Climates –Near Major Cities –Downtown Areas –Single-Family Homes in Suburbs

Types of Locations 1. Urban – large city 2. Suburban – smaller city 3. Rural – small towns, country

Neighborhood Those who choose to live in a suburban area need to choose a neighborhood.

Choosing a Neighborhood Convenience –Daily Activities –Employment –Schools –Recreational Facilities The value of a home increases or decreases with the condition and value of other homes in the neighborhood.

Assessing Community Services Utilities are the electric power, gas, water and telephone services people use. Utilities and Public Services –Electric power –Gas –Water –Telephone services –Trash collection –Street repair –Sewer systems

Math Assignment How much do you think a monthly utility bill is? Look at the total charge for the month and divide it by the number of days to calculate the cost per day of the service. Do you think this is a fair price?

Assessing Community Services Public Safety Education Recreation Tax Policies What recreational facilities are in your community?

Housing Alternatives Multifamily Units – apartments High-rise apartments – one of many separate living units in a multi-story building, generally equipped with elevators. Low-rise apartments – an apartment in a building with few floors and no elevators.

Housing Alternatives Garden apartment – a unit in a low-rise building that includes landscaped grounds. Efficiency Apartment – a unit with one main room, a small kitchen area and a bathroom.

Housing Alternatives Duplex – one building that contains two separate living units. Triplex – three housing units that are attached at the side walls. Fourplex – four housing units that are attached at the side walls.

Single-Family Housing A detached or separated dwelling designed to be used by one household. –Includes mobile homes –Privacy –Outdoor maintenance

Checking Your Understanding Make sure all vocabulary words are in your notebooks!