Dreaming of a spacious lakefront home? Is it really the right property for you? Sometimes you have to know the difference between the house of your dreams and the one that really suits you.
How to choose the right home? Before you start looking, take some time to think.
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Your Needs
Every family has its own needs and priorities. How many bedrooms and bathrooms do you need? Is a dining room really necessary? Will the garage become another storage space?
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Your Tastes
Take your own tastes into account. If you're not a do-it-yourselfer, avoid homes that need major renovations. Have you fallen in love with a large plot of land? Don't forget that you'll have to maintain it. If you prefer urban living to be closer to services, entertainment venues and trendy restaurants, expect to live in a noisier, less green environment. In short, set your priorities!
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What's Your Budget?
Don't make the mistake of buying a home you can't afford. To find the property that's right for you, match your needs to your budget. Once you've become a homeowner, your investment will increase in value, allowing you to opt for a property closer to your ideal later on. At the outset, it's especially important to set aside funds for purchase-related costs and unforeseen events. And that's not counting maintenance, insurance and repairs, which usually cost 2% or 3% of the price of the house each year.
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Your Environment
Your environment is also an important factor. Is there a daycare center or school nearby? Will your children be able to use public transportation, or will you have to drive them? Also consider the distance to work.
Learning how to choose the right home will help you avoid costly mistakes and ensure your long-term happiness. Need help planning your project? Do not hesitate to contact me!
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