BUYING TIPS

A pre-approval provides a working range, but your monthly payment should leave room for the rest of your life. Plan for closing costs, ongoing property expenses, savings, and the possibility of future repairs.

Think beyond the home itself. Test the commute, visit at different times of day, and consider transit, shops, schools, parks, and the surroundings that will shape your everyday routine.

A polished presentation can make almost any property appealing. Pay attention to layout, natural light, storage, maintenance, noise, and whether the home will still suit you as your needs change.

The list price is a starting point, not a measure of value on its own. Recent comparable sales, property condition, location, and current competition all help put an asking price in context.

For a strata property, look beyond the unit to the building’s finances, minutes, bylaws, insurance, and potential major expenses. For any home, make time for the inspections and document reviews appropriate to that property.

The purchase price is only one part of an offer. Deposit, dates, included items, conditions, and time allowed for due diligence can affect both your risk and how a seller responds.