What should you consider before buying a new home in Edmonton?
It’s easy to become overwhelmed when you buy a home in Edmonton. Family, friends, colleagues, neighbours, and even acquaintances give their opinions, especially when you’re a first-time buyer.
While they may be looking out for your best interests, they may not understand the current housing market, not to mention how you want to use your home.
Ask yourself: Why am I buying a new home in Edmonton?Edmonton is one of Canada’s largest cities, and home to diverse cultures, festivals year-round, countless educational museums, and a resilient economy. It is important to think about yours and your family’s lifestyle. When looking at buying homes in Edmonton, consider the following:
When it comes to lifestyle factors, consider also your career trajectory, your children’s educational and personal needs, and whether you’ll enjoy the hustle and bustle of city living.
When browsing listings, consider also that you may wish to renovate, as many Edmonton homes were built during the 1970s and 1980s during the housing boom.
These factors are generally the most common reasons people plan to buy homes in Edmonton.
When you ask yourself exactly why you’re intending to buy a home in Edmonton, do any of those reasons come up?
Be sure to spend time with your partner or other family members who are involved in this decision. Understand why you want a new house in the first place. Reference this list and research different neighbor hoods when looking at
What is the ongoing trend with home values?
The housing market and general economy are always subject to change, although currently the housing boom brought about by the pandemic is still going strong. Of course, this is never something to hang your hat on – but it makes for quite a competitive market.
The bottom line? Careful decision making while acting swiftly are key in any housing market.
If you are looking to buy a home in Edmonton, ask me for advice on the current market trends and mortgage rates eligibility today!
Buying a home in Edmonton
Remember, your REALTOR® will have your best interests in mind when looking at homes for sale in Edmonton. Be sure to share relevant details about your lifestyle, budget, family life, and whether you’d like to live directly in the city or in Edmonton’s surrounding suburban neighbor hoods.
They will be knowledgeable about market trends and be able to provide you with budget-friendly, relevant listings.
Are you looking for your new dream home? I’m here to help! I’m Jeneen, and as one of Edmonton’s top REALTORS®, I want to work with you to find your new property and make the whole process as smooth as possible.
Contact Jeneen by phone: (780) 904-4240 or by email: firstname.lastname@example.org.