Are you dreaming of a large house by a lake? Is it truly the property that meets your needs? Sometimes, it's necessary to distinguish between the house of our dreams and the one that actually suits us. Before starting your search, take the time to reflect.
Your needs
Every family has its own needs and priorities. How many bedrooms and bathrooms do you need? Is a dining room really necessary? Will the garage become another storage space?
Your preferences
Take your preferences into account. If you're not handy, avoid houses that need major renovations. Falling in love with a large plot of land? Remember that you'll have to maintain it. If you prefer urban life to be closer to services, theaters, and trendy restaurants, expect to live in a noisier and less green environment. In summary, establish your priorities!
What's your budget?
Don't make the mistake of buying a house that is above your means. To find the property that suits you, adjust your needs to your budget. Once you become a homeowner, your investment will appreciate in value and allow you to later opt for a property closer to your ideal. Initially, focus on building reserves for purchase-related expenses and unforeseen circumstances. This doesn't even include maintenance, insurance, and repairs, which typically amount to 2% or 3% of the house's price annually.
Your surroundings
Your surroundings are also an important factor. Is there a daycare or school nearby? Will your children be able to use public transportation, or will you have to drive them? Also, consider the distance from your workplace.
SOURCE : CENTRIS.CA
