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Buying a New Home in Montreal

March 26, 2014

Buying a new home in Montreal

It has been said many times before; buying a house is probably the biggest purchase you’ll ever make in your whole life, no matter if it is your first or tenth home. Here are few tips to help you make the right choice.

What do you need?

The first step is to make a list of your needs (for now and for the 5 to 10 years to come) and to make a list of priorities.
What size of home do you need? How many children do you have? Is there any teenager at home? Do you work from home? This will affect the number of bathrooms and bedrooms you will be looking for. Also, how many cars will be required to park in the driveway? Backyard and driveway layout is important to ensure it will be convenient for your family needs.

Any special features such as a swimming pool, storage space or air conditioning? Making a list of priorities is a good way to respect your budget and target the dwellings that will suit your family’s lifestyle the most. Talking about lifestyle, what are your plans for the coming years? Are you planning retirement or expecting the stork? These are all aspects that will affect your choice. In that case, is the house you’re looking for offering you the possibilities to add a bedroom or a bathroom?  If the answer is yes, a reliable Montreal general contractor will be an ally to help you make it even more “yours”.

You have options

There are many suburbs in Montreal. Each will offer you different opportunities, lifestyles, and each one of them has its own vibe.

What are your needs when it comes to local amenities? The ideal location for your dream home will be close to your workplace and the facilities you need the most will be at a walking distance. The location will affect greatly how your home feels after a little while.

All is a matter of distance. Distance from the city or the countryside, distance from workplace or school, distance from recreational facilities and distance from family and friends. More items to insert to your list of priorities!

In the ‘hood

We all heard those stories accusing that noisy neighbor partying every night or about this other one complaining about the one who is not lawn mowing is grass as often as it should in summer months. If you can’t stand the neighborhood, there is no point in buying a house there, changes won’t happen. Of course it is hard to get to know your future neighbors before you move in. But visiting a neighborhood a few times, at different moments during the day, will help you grasp how it feels to live there and will certainly help you make a decision. Listen, watch and smell. More than once is mandatory for you to get a fairest idea.

The CMHC produced the “What’s Important to You” worksheet to help you figure out important aspects of life in your future neighbourhood. You may access it by clicking on the following link:
http://www.cmhc-schl.gc.ca/en/co/buho/hostst/wosh_013.cfm.

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