So you found, the house or condo! It’s is perfect. It feels like home. You are starting to place your furniture in all the “perfect” places.
STOP. B-r-e-a-t-h-e for a minute or two.
Here are a few pointers to check first.
1. Learn About the Community: When you purchase a home or condo, you are also purchasing part of the community. Read local / neighbourhood news, drive around and see what’s nearby, talk to neighbours. It’s also a good idea to visit at different times of day.
2. Identify Hidden Costs: Find out about the condo fee and what is or is not included. For a detached home, factor in landscaping and eavestrough maintenance and window cleaning.
3. Test Your Commute: If you are moving further from work, do a dry run at similar times of day going to or from work. Can you really do this 5 days a week? Even if you don’t work, if important parts of your life (family, meetings) are elsewhere, how long will it take you to get there? Will you drive or take transit? Does the bus run on weekends? How frequently?
4. Amenities: Building and Neighbourhood. Is your condo building senior-friendly. Are there activities for your children in the community? Is there a dog park nearby. Where will you swim? Buy specialty foods? Hiking Trails? Library?
5. Schools: Whether you have children or not, the school cachment can significantly affect your new home’s value. If you do have children, check the local school board to make sure you will be able to send your children to the schools of your choice.
In Toronto: http://www.tdsb.on.ca/findyour/school.aspx
If you want to learn more about our local housing market, call me! I’ll be happy to help you find the right home for you.
– Chip Barkel, MCNE, SRES, Toronto Real Estate. Extraordinary Service. Top Results.