With a budget in mind, create a wants and needs list. While a million-dollar mansion may be the dream, it is essential to differentiate between what you really need versus what you simply want. Start with decisions like what part of town, whether you want a newer or older home, a large plot of land or little yard. Then decide what features you really need. List these answers in order of importance and keep the list handy while shopping for homes. Share this list with your REALTOR so everyone is on the same page.