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Family in Front of House Markham Real Estate

Thinking of Buying a New Home?

 

Finding a new home can be exciting.  But deciding what you truly want and need - and can afford - can be challenging.  The first step is to determine what preferences are really important to you and set your priorities.

 

This is really important because, undoubtedly, you'll have to face trade-offs.  This is where we can help you.  We can assist you in sorting through your options, then zero in on neighbourhoods and homes that match your priorities.  The list below is a great tool to get started.  Now the fun can really begin!

 

What to Consider When You are Buying a New Home

Basic Home Features:

  • Do you prefer a single family detached home, townhome, condominium, or other type of property?
  • Desired number of bedrooms and baths
  • Preferences regarding kitchen, dining, family rooms, etc. and preferred home layout
  • High-priority home features, such as kitchen appliances, fireplace, etc.
  • Other types of rooms needed (eg. a home office or a hobby space)
  • Storage spaces (closets, basement, an outdoor shed, etc.)
  • Need for a garage or parking space, and if so, for how many cars?

 

Other Home Preferences:

  • Ranch, two storey, split level, etc.
  • Age and style of home (Victorian, bungalow, modern, etc.)
  • How important is energy efficiency or other green home features?

 

 

 

 

Source: REBAC

 

Neighbourhoods/Location:

  • Commuting considerations (to work, shopping, etc.)
  • Proximity to desirable features (such as a community centre, exercise facility, school, hospital, etc.)
  • Views - how important is it to find your ideal view (overlooking a park, for example) or avoiding a bad one (a busy highway)?

 

Lot Characteristics:

  • Size and shape, including back, front and side yards
  • Landscaping considerations - the need for open play areas, privacy, patio space, decking, etc.
  • Home orientation - is it important for your home to face a particular direction?


 

Life at Home:

  • If you'll be sharing your home with children, pets, live-in parents or others, how does this impact your housing preferences? Both now, and in the future? (For example, pets may require a fenced-in yard; older parents may dictate one-floor living.)
  • Proximity to neighbours

 

Related Costs:

  • Condo fees
  • Property taxes
  • Utilities and insurance

 

Trade-offs:

  • How much do you want to invest in a home beyond the purchase price, either financially or in terms of sweat equity, if you can't find exactly what you want?
  • Are you willing to consider other neighbourhoods that provide better affordability?

 

Resale:

  • How long do you plan to live in this home? How does this impact  the type of home you will buy, how much you'll spend, and your choice of location?


 

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Office Location


Century 21 Leading Edge Realty Inc., Brokerage 165 Main Street North Markham, Ontario L3P 1Y2

 

         


Get In Touch


Direct:     (905) 472-7155
Office:     (905) 471-2121
TF:           (800) 362-0893
Fax:         (905) 471-0832

Online Resources


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Free Home Buyers Guide
Real Estate Reports


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