What you should consider when looking for the perfect Canadian home

From News Canada

Some newcomers to Canada have been known to say that moving across the globe was almost easier than finding a neighbourhood that suits their lifestyle!

“Buying a home and choosing where to live is one of the most significant decisions in our lives,” says Ivy Chiu, senior director for cultural markets at RBC. “If you’re new to Canada, take your time to ask questions, learn about the market and various neighbourhoods, and think through what is important to you before making a decision.”

Consider these tips when narrowing down your search.

Budget. When you are looking for the perfect property to rent or buy, budget is a major consideration. Understanding your priorities – whether they are location, type of home or nearby amenities – will help narrow the scope of the search. In Canada, banks offer extensive assistance to newcomers and can help you find your dream home. Consulting with a mortgage specialist is free, and they can meet you at your home or another location convenient for you.

Education. A neighbourhood with good schools is an obvious priority for people with children. Research available options and services like athletic programs, English or French as a second language, and support for students with special needs to find the area that works best for you.

Community. Feeling connected to your neighbours can have a significant impact on your experience. Do some digging to find out more about what’s available based on your interests, like social programs, volunteering or local attractions. These extras may help seal the deal.

Also remember that purchasing the perfect property often involves more than just the home itself. What truly distinguishes a house from a home is the community and environment that surrounds it.

And neighbourhood preferences vary widely. While you may dream of a smaller, more charming community, others may yearn for big city living with every convenience at their fingertips.

“There are many factors that go into buying the perfect home,” explains Brad Johnstone, Royal LePage Niagara Real Estate Centre. “While choosing the right property is very important, a neighbourhood plays a crucial role in creating lasting memories. The trick is finding one that suits your lifestyle.”

Here are a few tips to help you find the right fit:

Make a list. Start by jotting down a list of the desired lifestyle factors that are most important to you and your family. Remember to leave no stone unturned – consider location, proximity to work and schools, amenities and local attractions.

Get out and explore. While lists are helpful, nothing beats experiencing an area for yourself. Once you’ve narrowed down the most important factors, be sure to visit at least a couple of locations that match the description. Though something may look good on paper, in reality it may leave more to be desired. The only way to truly determine what’s best for you is by seeing an area in person.

Call in the pros. Often, the best way to find the perfect neighbourhood is by contacting a professional. Experienced realtors are aware of great areas suited to any need and can help narrow your home search and save time.

More info at rbc.com/newcomers and royallepage.ca