There's that old Real Estate story that everyone knows: When asked to state the top 3 factors in determining the value of Real Estate, a British tycoon said: "Location, location, location!"
I think it might be different when you're in the market for a family home. Sure, it's an investment. But, it's your home. Home is a powerful thing. Home is a powerful word. It conjures up all kinds of feelings, emotions, memories, associations that have nothing to do with dollar value. Location is a big factor, but I don't think that it's related to dollar value when it's considered. It's more likely to be in relation to other family members or work or school. If it's thought of in terms of cost, then it's likely about cost of travel to work.
Here is one possible list of Top 3 Factors in Home Buying
Price:
What can you afford? What are you willing to pay? This is where you have to start, really. How much do you have and how much of that are you willing to pay for your home? Will spending more on a home mean fewer holidays? Will spending less on a home mean more travel time, or will it just mean more travel-to-work time, commuting? You'll have to look at your finances and you'll have to talk to your family to see what they value. First, you have to determine the bottom line.
Location:
Where would you like to live? What has value for you? Do you want to be close to or far away from family, parks and schools, work, nature, urban amenities, fishing holes? How far are you willing to go from your workplace? How far from Mom do you want to be? You'll need to think about the cost of your commute in terms of time and dollars. It might be a question of space vs time. In any case, the bottom line will be the determining factor.
Size/ Fit:
How much space do you need? Is your family growing or shrinking? Do you need an in-law suite, rooms for the grand kids, a fenced-in yard for your dogs, spaces for entertaining, space for your car, space for storing your boat, a wine cellar or a man-cave? When you consider how much room you need, the easy measures are the number of bedrooms and parking spaces, lot-size, and square feet (or metres). The numbers alone can't measure how your family will fit into those spaces. You'll have to walk through and visualize yourselves using the space. In the end, the cost might make you change your mind about what you "need."
You can use these 3 factors, Price, Location, and Size, in your preliminary home search, on my website. You can indicate a price range, a location, and the number of bedrooms or square feet, for example.
Other variables available on the property search are: garage spaces, bathrooms, acres, year built, and number of stories. Variables you can't type in: style, colours, smell, landscaping, does it feel warm and homey, will you fall in love with it?
You don't have to do an online home search at all. You can call me (416-716-3112) or email me (harrynaghavi@gmail.com).
Call me and I'll make it easier for you. We'll meet and discuss your needs and your desires. We'll talk about all the things your family has to consider in your specific circumstances. And, then I will search for you and provide you with lists of possibilities. I'll send you emails of listings, and we can meet and look at listings too if you prefer. I'll make appointments to go and see the houses you like. When you choose, I'll get you the best deal possible!
I will save you time and money.
And, buying a home will be as stress-free as possible.
We'll find you a house you'll love, a house to call home.
I think it might be different when you're in the market for a family home. Sure, it's an investment. But, it's your home. Home is a powerful thing. Home is a powerful word. It conjures up all kinds of feelings, emotions, memories, associations that have nothing to do with dollar value. Location is a big factor, but I don't think that it's related to dollar value when it's considered. It's more likely to be in relation to other family members or work or school. If it's thought of in terms of cost, then it's likely about cost of travel to work.
Here is one possible list of Top 3 Factors in Home Buying
Price:
What can you afford? What are you willing to pay? This is where you have to start, really. How much do you have and how much of that are you willing to pay for your home? Will spending more on a home mean fewer holidays? Will spending less on a home mean more travel time, or will it just mean more travel-to-work time, commuting? You'll have to look at your finances and you'll have to talk to your family to see what they value. First, you have to determine the bottom line.
Location:
Where would you like to live? What has value for you? Do you want to be close to or far away from family, parks and schools, work, nature, urban amenities, fishing holes? How far are you willing to go from your workplace? How far from Mom do you want to be? You'll need to think about the cost of your commute in terms of time and dollars. It might be a question of space vs time. In any case, the bottom line will be the determining factor.
Size/ Fit:
How much space do you need? Is your family growing or shrinking? Do you need an in-law suite, rooms for the grand kids, a fenced-in yard for your dogs, spaces for entertaining, space for your car, space for storing your boat, a wine cellar or a man-cave? When you consider how much room you need, the easy measures are the number of bedrooms and parking spaces, lot-size, and square feet (or metres). The numbers alone can't measure how your family will fit into those spaces. You'll have to walk through and visualize yourselves using the space. In the end, the cost might make you change your mind about what you "need."
You can use these 3 factors, Price, Location, and Size, in your preliminary home search, on my website. You can indicate a price range, a location, and the number of bedrooms or square feet, for example.
Other variables available on the property search are: garage spaces, bathrooms, acres, year built, and number of stories. Variables you can't type in: style, colours, smell, landscaping, does it feel warm and homey, will you fall in love with it?
You don't have to do an online home search at all. You can call me (416-716-3112) or email me (harrynaghavi@gmail.com).
Call me and I'll make it easier for you. We'll meet and discuss your needs and your desires. We'll talk about all the things your family has to consider in your specific circumstances. And, then I will search for you and provide you with lists of possibilities. I'll send you emails of listings, and we can meet and look at listings too if you prefer. I'll make appointments to go and see the houses you like. When you choose, I'll get you the best deal possible!
I will save you time and money.
And, buying a home will be as stress-free as possible.
We'll find you a house you'll love, a house to call home.
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