For many homebuyers, finding the right home to buy is usually the most difficult step of the process. Before you start searching, consider these 4 important factors.
1. How much house can you afford?
Get pre-approved for a mortgage to help you define your price range. Make a list of your expenses you will have when you become a homeowner, including any condo fees, property taxes, insurance, utilities, etc. Don't forget to factor in costs associated with upkeep and maintenance of the home.
2. What typeof home do you want?
How many bedrooms and bathrooms do you need? Do you want a pool? Do you want a detached home, semi-detached or a condo? Also, consider features that eliminate a home from your list. Knowing what you want and don't want will help you focus your search on homes that fit your needs.
3. Location, Location, Location!
Your neighbourhood matters. Do you need to be close to a great school district? Close to work? Convenient to Health Facilities? Choosing the location of your home and your ideal neighbourhood will help you narrow your search area.
4. What's your lifestyle?
Single homebuyers may have different needs than married buyers or buyers with children, and all these groups have different needs from retirees or people looking to downsize. Do you want to live in the heart of a busy downtown area with nightlife? Do you have children and want to live in a family-oriented subdivision close to schools and recreation facilities? Your lifestyle often influences the types of areas and neighbourhoods that appeal to you.
Are you ready to start your home search? Let's discuss it!
Once you have an idea of what your search criteria is, pop into our office or give us a call and we will discuss your options. We will give you the scoop on what to expect during the process. With an experienced professional by your side, you are sure to make the right decision!