Things to consider when purchasing a home

If you plan to buy a home, start by determining where you want to live. You must then decide if you prefer purchasing a new or an existing house. A new house can be built according to your specific requirements. The absence of short- and medium-term repairs makes it an attractive choice. In addition, with a new house, you benefit from the most current building and electrical standards, energy efficiency, and coverage from the builder?s guarantee. An existing house, quite often, is already landscaped and fenced. It can also offer additional attractions, such as an in-ground pool or a finished basement. However, a pre-owned house may require some repairs. You must also decide which type of house is right for you: a single-family home, a semi-detached home, a garden home, a duplex, a triplex, a row house, a mobile home, or a co-op house.

Select the house that best suits your needs and your budget, while taking into account the character and the age of the building, its size, the number of rooms, the maintenance requirements, the type of heating system, the landscaping, etc.

Most often, price wins over all other considerations.