Milton Real Estate - Katherine Barnett, Broker

Finding your forever home

  • Katherine Barnett
  • 17 September 2015

Finding your dream home in Milton?

Every time you move homes, it represents a monumental life change. This feeling is amplified if you're moving from a home you've loved for years of your life. This will add to the stress of moving from the home you are into the one where you will spend the rest of your life; your "Forever Home".

Like every other move, you have to consider all of the usual issues with moving: financial costs, legal fees, home layout, preferred neighbourhoods, all part of the huge list of things to consider.

With some careful planning and consultation, you can not only find your perfect home, but can save money in the process.

Here are a few things to consider. 

What Does Your 'Forever Home' Look Like?

When thinking about your Forever Home, what do you see? Picture it in your mind.

  • Do you see yourself in a semi-detached or detached home? If so, have you considered the amount of maintenance it will require?
  • Would you consider a condominium with no exterior upkeep required?
  •  What amenities do you need?

These are the types of questions that will help you pare down your options to what it is you want.

Considerations for a House

You may decide a semi-detached or detached home is in your Forever Home future. When picturing your house, think of the layout you want to meet your lifestyle. For example, consider what the impact of several flights of stairs will have in your later years. You may want to consider looking at single-floor bungalows instead of multi-flight houses.

Think of the number of rooms you'll require for yourself or any guests over the holidays you'll want to have stay over. You may also want to consider a bedroom for in-home caregivers.

Look for homes requiring little-or-no maintenance, unless you enjoy working with your hands and doing the renovations yourself to stay active. If renovation is required, consider this when you are budgeting for your home.

Also, think of the exterior maintenance required for your home. Snow shovelling, lawn mowing, gardening and raking are great ways to exercise.

Condominium Living

Condominiums provide single-floor living with elevator access and no need for exterior work. No need for mowing lawns or shovelling walkways anymore. Condos are becoming more and more popular with people looking for their Forever Home.

However, consider the amount of space for your belongings. You've lived a lot and have acquired items with a lot of sentimental value. Make sure you've got the space to bring them with you.

Where Do You Want to Live?

Always consider the location you always pictured for your Forever Home. Consider the view you always wanted. Whether it's in the suburbs or the vibrant city life, pick the home location meeting your expectation.

Consider the facilities and services you want nearby when determining your location. Access to groceries, activity centres and parks may be some of the things you consider when you're looking for a place to live.

What Are the Costs?

When budgeting for life in your Forever Home, make sure you consider the ongoing costs. Yes, this is the "last home you'll ever buy", but make sure you budget for all of the costs you'll face going forward:

  • Property taxes on houses
  • Monthly maintenance fees for condominiums
  • Any ongoing mortgage payments
  • Utilities, cable and phone costs if not included
  • Budget for maintenance

Consider these additional costs and consider how much your savings will be impacted.

Tell Your Professionals What You're Looking For

As you can see there's a lot to consider here. This is where Katherine Barnett can help with the details. She can help you find the right neighbourhood and home you're looking for. She will work with you and your budget and help you find your dream forever home. 

The more honest the discussion you have, the better your choices will be. All of this is important when trying to get you to the home you'll want to live the rest of your life in.