Finding the Home That's Right for You
you start searching for a home to buy, you need to think about affordable
price and your housing needs both now and in the future. It is a good
idea to try to find a home that meets your price range and most of your
needs for the next five to ten years.
Make sure your location is appropriate. Take the following things into
consideration: where you want to live (town location or out-of-town
location), where you work and how easy is to commute, where your
children will attend school and how they will get there, how safe is
community, whether you need recreational facilities nearby (like playgrounds, parks, walking areas etc.), how close you would like to be to family and friends.
thinking about the home you wont, consider if you want resale home
(also called a previously owned home), new home or you prefer building
your own home.
Resale homes are usually located in an established neighborhood with
easy access to schools and services like shopping malls, restaurants
and other services. They may have extras like finished basements,
fences, swimming pools, fireplaces, landscaping, etc. You don't have to
pay GST/HST unless the house has been renovated substantially, and then
the taxes are applied as it were a new house. With resale homes you may
need to redecorate, renovate or do major repairs such as replacing the
roof or windows and doors. An older home is usually less energy
efficient than new home.
New homes are up-to-date and have latest building codes/standards
applied. You will have option to upgrade or choose certain items such
as flooring, siding, electrical fixtures, cabinets, plumbing, etc. New
homes have lower maintenance costs because everything is new and many
items are covered by a warranty. Builder warranty is usually available
this can be important if a mayor system such as heating or plumbing is
breaking down. Keep in mind that a new home is only as good as its
builder. Investigate the builders reputation and check if any lawsuits
have been failed against the builder.
BUILDING YOUR OWN HOME:
people prefer the challenge and flexibility of building their own home.
That way homeowners can get exactly what they want in terms of
location, size, design, quality of materials used, level of energy
efficiency, landscape, etc. On other hand, you should expect to invest
lots of time and energy in building your own home.