After months, if not years, of fantasising about purchasing a home, the time has finally arrived. When you're browsing internet listings but aren't quite ready to buy, it's tempting to believe you know what you want and what you need. When the rubber meets the road, the decision may seem more daunting.
Don't worry if you're wondering how to tell if a house is perfect for you. We've highlighted several ideas below to help you evaluate if you're making the appropriate investment.
Budget
Of course, one of the most important aspects in determining if a house is good for you is the price. We always advocate browsing for a property after receiving pre-approval to ensure that you understand the mortgage you will be accepted for and to expedite the buying process. Pre-approval also reduces the possibility of delays and perhaps losing out on a home to another buyer who is prepared to make an offer before you.
The other possible expenses the home represents go beyond the budget limits established by your mortgage pre-approval. HOA fees, renovation, utilities to heat and cool the property, appliances you may need to purchase, and the expense of furnishing the home are all examples. Before choosing if you can afford the house, make sure you have explored all of your financial options.
Criteria Essentials
Make a must-have list, or a list of fundamental criteria that your home must meet in order to function for your family. This could include the amount of bedrooms (consider how your family will grow or alter in the future), a home office space, a dog-friendly yard, a local decent school, an easy commute, or wheelchair accessible.
Here are some items to consider include on your list:
- Bedroom and bathroom count
- Fireplace
- Parking is available outside.
- Garage attached
- Space for entertaining
- There is enough space to put up a home gym.
- A walkable community
- Property with low upkeep
Allow yourself to be seduced by interesting features or lovely architecture and purchase a home that lacks some of your vital, must-have stuff. With a list in hand, you can avoid falling for a house that is simply not suitable for your family.
Location
Your home's location is something you can't change, so be sure it's the appropriate fit for you. If you have children, research the area schools to see if they are a good fit. Plan your route to work, church, or medical appointments. Examine the local amenities to see what kind of recreation, shopping, and dining options are available in the immediate vicinity. Drive around the neighbourhood to check how well-kept it is and if you can picture yourself living there.
It's also a good idea to research local property tax rates, school system reputation, crime statistics, and other local data, all of which should be easily accessible online. Taking the time to learn about the neighbourhood and its history, especially if you are new to Calgary, will help you select your ideal place.
If you have the time and the weather permits, visit a nearby park and strike up a discussion with the folks that are there. Inquire about what they like about the neighbourhood or where they like to dine. There may also be certain specific community amenities you seek, such as medical specialists, a specific style of fitness facility, or access to a health food shop.
With many lovely homes to select from, Calgary is one of the best places to live in Alberta. We are here to assist you in locating your ideal house. Please contact our office at any time!