When considering buying a new home, what comes to mind? A large or small home? In the water, country or city? There are so many options to choose from.
The first step in finding the right home should be to contact a realtor. A real estate expert can help by narrowing your choices down to those that meet your financial needs and will fit in perfectly with your lifestyle. A realtor can also explain the advantages and disadvantages of choosing each of the various options for housing. Some of the most common types of housing include:
Detached single family homes
As you’re thinking about the kind of home you want, it’s important to consider whether you want the responsibility of keeping up the property. If not, a condo might be a great choice for you. In fact, a lot of buyers who are purchasing a home for the first time actually prefer a condo because they don’t have to care for the property. Also condos are usually less expensive than detached homes and are also smaller than them, which makes them a great choice for a couple entering the empty nest years.
If you do decide to look at condos, though, keep in mind that you will have to pay maintenance fees in addition to property taxes and the mortgage. However, that maintenance fee also means that you don’t have to mow the lawn, trim the bushes, or care for the landscaping in any way. You don’t even have to shovel snow!
Other home buyers know that they want to purchase a brand new home, but it’s important to realize that a new home will cost more than older homes that may be larger. Also you’ve got to start from scratch with the landscaping because new homes don’t usually have a single tree or bush in the yard. Of course designing your own landscaping can also be an advantage, depending on who you are. In addition, you tend to have more up to date features and appliances, better storage areas, and bigger rooms in a new home. You also don’t have to deal with the results of the previous owner’s decorating faux pas.
In some cases you may be able to find an older home that has been updated, so you might be able to get more houses for your money by simply purchasing a home that has had previous owners. You may even find one with a pool, finished basement, or other feature that you simply feel like you must have.
It is important that you just keep an open mind, especially during the early stages of the house hunt. You may have preconceived notions about what you want or need and then discover soon into the process that you actually need or want something else. You can read some tips for buying a real estate in Barrie. A good realtor isn’t afraid to show you all of the options just in case you end up wanting something different than what you said you wanted up front.
Let the realtors at Barrie and Area help you make the right decision when it comes to choosing such an important piece of your financial future.