Buying a new home is an exciting and rewarding process. It is also a serious decision and a significant investment. Doing your homework and carefully researching the marketplace means that you will be able to buy your new home with confidence, knowing that you are getting the most for your money from the best in the field.

Once you have determined the price range that you can afford, you can begin to look for your new home. It usually takes time to find the right home at the right price, but the following checklist will help you to get started.

Decide where you want to live. The location of your new home is one of the most important factors you will want to consider. As you explore new neighbourhoods and communities, keep these questions in mind:

  • How far are you prepared to travel to work, school and shopping?
  • Do you prefer to be close to libraries, entertainment, and recreational facilities?
  • Is there a hospital and other medical and dental services in the vicinity?
  • Are there public "green spaces" in the immediate neighbourhood?
  • What are the short and long term development plans for the neighbourhood and the surrounding area?