Edmonton Home Search: Decisions To Make
Whether you’re a first-time buyer or simply looking for your next house, navigating the ins and outs of the Edmonton real estate market can be overwhelming even for the most experienced person. Before you jump into the labyrinth and start your property search, you should prepare yourself and lay out some ground rules. By doing so, you can help mitigate the issues of the Edmonton real estate market and buy the house you’ve always wanted sooner rather than later.
Before anything else, you should sit down and hammer out your budget. If you have this properly outlined, your look into Edmonton’s properties can go much smoother and give you a more realistic idea of what you can actually afford.
Naturally, it’s critical for you to know just what features you and your family might need when looking for that perfect Edmonton home. Knowing the features you need goes a long way to deciding your new house and can help inform your budget.
What Type of Home?
Edmonton has plenty of different home styles available, from single-family homes to townhouses to condos. Each of them is unique and the requirements for each vary depending on what type you select. Condos, for example, require less maintenance but you’ll probably have to pay a fee for associate repairs and services. In contrast, a regular house may require more maintenance but, outside a possible mortgage, the house is all your own.
Don’t forget to consider external amenities like shopping centres or schools when buying a home in Edmonton. Sometimes, even if you don’t want or need certain amenities, they can still drive up the value of the house if you sell it in the future. For example, even if you don’t have children possessing property near a school district can make it much easier to sell the property in the future.
Based in Edmonton, Collin Bruce is one of Canada’s top mortgage brokers. Our dedicated and experienced team of professionals are committed to helping you achieve that home you’ve always wanted while providing excellent customer service and saving you thousands. We offer access to hundreds of mortgage options from Canada’s largest financial institutions and our services are completely free to use! We’ll walk you through the mortgage process, staying with you every step of the way. Whether you’re a first-time buyer or looking for a second mortgage, the Collin Bruce team is your go-to mortgage broker for all your home-buying needs. If you’re in the Edmonton area, give our office a call today!