When buying a home there’s always the usual list of “must haves” and the “nice to have” …it’s important to differentiate between the two before you go out and view homes.
Your wish list will not only serve to keep you focused when on the hunt but also be a valuable guide for your real estate professional to find the right fit. It also opens up discussion if you’re not the sole decision maker…you may be surprised with what your co-buyer deems essential which may lead to some compromises. Take into account your budget, housing needs and lifestyle!
- Your price range will be the primary factor of which areas are available to you.
- Make a list of the typical housing needs; minimum bedrooms/bathrooms, parking, deck/balcony, etc…
- House or condo? Are you prepared and willing to maintain a home (who’s going to cut the grass!) or is the freedom of condo living more your speed?
- Are you an “urban, walk out the front door with access to all the conveniences” kind of person…cafes, restaurants, galleries, shops.
- Are you willing to commute to get that larger home with the great big backyard? Test drive rush hour traffic beforehand …could you handle it daily?
- Are schools and day care a factor?
- Need to be close to transit? Check the schedule and try out the bus route.
- Try on a neighbourhood…hang out for the afternoon and get a good feel for it. Return at night with a friend; would you be comfortable coming home late from work?
- And how much work are you willing to put into it? Cosmetic work only, ready for that handyman special or looking for move-in condition?
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Great article! I am just in the middle of this whole process and your 9 tips are very handy. I didn’t really think about checking out the neighborhood before hand, especially at night. But I will now.
Thanks for the tips.
Renée